ANZ-Indeed Australian Job Ads fell 1.0% m/m in March following an upward revision in February to -2.1% m/m from -2.8% m/m. In trend terms the series was down 0.4% m/m. Despite the annual fall of 10.6%, ANZ-Indeed Job Ads is still 32.1% higher than pre-pandemic (that is, 2019 average) levels. {chart} ANZ Economist, Madeline Dunk said: “The pace of declines in ANZ-Indeed Job Ads has eased. In fact, there was no change in the average number of Job Ads in Q1 2024 compared to Q4 2023. Similarly, the average unemployment rate in the first two months of Q1 is currently unchanged from Q4’s 3.9% result. While we expect to see ... (full story)