ANZ: Job advertising suggests stabilising labour market conditions
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JOB ADVERTISING SUGGESTS STABILISING LABOUR MARKET
- The number of job advertisements on the internet and in
newspapers rose 1.0% m/m in March, following solid rises in January
and February. Total job advertisements were 2.8% higher than in
March 2011 and are now at the highest level since November
- The rise in job advertising was driven by a 1.0% rise in
internet job advertisements, which were 4.1% higher than a year
- Newspaper job ads fell 0.6% m/m in March, to be 22.0% below
levels from one year ago.
- In trend terms, total job ads rose by 2.0% m/m in March to be
3.3% higher than a year earlier. Trend growth in job advertising
has now been positive since November 2011.
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