“May be past peak”; ANZ job ads fall in July

Summary:  Job ads down 1.1% in July; 15.6% higher than same month in 2021; may be past peak but jobless rate still expected to fall; ads-to-workforce ratio steady at 1.7%. 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 advertising and this trend...

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