Another monthly rise for job ads; up 0.3% in October

04 November 2024

 

Summary: Job ads up 0.3% in October; 15.8% lower than October 2023; ANZ: downward trend in Job Ads may be stabilising; short-term ACGB yields steady, longer-terms yields rise; rate-cut expectations largely unchanged, February cut not especially likely; Indeed: advertisements higher in half of all sectors; 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...

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