Job ads dip in April; “solid employment gains” in “coming months”

02 May 2022

 

Summary:  Job ads down 0.5% in April; 26.3% higher than same month in 2021; solid employment gains “in coming months” from strong labour demand; 1.7% ads-to-workforce ratio consistent with low jobless rate. 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...

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