First quarterly rise since 2022; job ads index rises in Dec

Summary:  Job ads rise 0.3% in December; 12.4% lower than December 2023; ANZ: first quarterly rise since Q3 2022; ACGB yields rise; rate-cut expectations soften; Indeed: growth in WA, SA, Qld offsets declines in NSW, Vic; ad index-to-workforce ratio unchanged.   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....

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