ANZ-Indeed Australian Job Ads rose by 1.9% m/m in August following an upward revision in July to 0.7% m/m from 0.4% m/m. In trend terms, the series is up 0.8% m/m in August. ANZ-Indeed Australian Job Ads have fallen 7.8% from the September 2022 peak but remain elevated compared to pre-COVID levels. ANZ Economist Madeline Dunk said: “ANZ-Indeed Australian Job Ads are showing surprising resilience, rising 2.6% over the last two months. The recent upswing has lifted the number of Job Ads above April levels. We expect the buoyancy in ANZ-Indeed Australian Job Ads to fade as the economy cools. While the labour market ... (full story)