-
ANZ-Indeed Australian Job Ads: five consecutive declines
ANZ-Indeed Australian Job Ads declined 2.2% m/m in June. In trend terms, the series was down2.0% m/m. While ANZ-Indeed Job Ads has fallen 25.8% from its peak in June2022, the series is still 17.8% above pre-pandemic levels. ANZ Economist, Madeline Dunk said: “The pace of declines in ANZ-Indeed Australian Job Ads has intensified, with the series down 7.1% q/q in Q2 compared to 3.0% q/q in Q1. Despite this continued moderation, the level of Job Ads is still well above pre-pandemic levels. We’re seeing a similar story in other parts of the labour market, with indicators easing from strong starting positions. So far, ... (full story)