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Australia job ads rise 4.7% in April as demand for labour stays strong

From reuters.com

Australian job advertisements climbed for an 11th straight month in April to reach their highest in 12 years, suggesting strong demand for labour will withstand the removal of some government emergency support programmes. Monday’s figures from Australia and New Zealand Banking Group showed total job ads grew 4.7% in April from March, when they rose 7.8%. At 196,612, ads were at their highest level since 2008 and up almost 200% on a year earlier when a pandemic lockdown shut many industries. ANZ senior economist, Catherine Birch, said the strength of ads was welcome given the ending of the government’s JobKeeper ... (full story)

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  • Category: Fundamental Analysis