Latest job ads gain relatively broad-based; up 1.6% in September

Summary: Job ads up 1.6% in September; 19.8% lower than September 2023; ANZ: could signal declining trend is slowing; ACGB yields generally fall; rate-cut expectations firm; Indeed: gains relatively broad-based; ad index-to-workforce ratio increases. From mid-2017 onwards, year-on-year growth rates in the total number of Australian job advertisements consistently exceeded 10%. That was until mid-2018 when the annual growth rate fell back markedly. 2019 was notable for its reduced employment...

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