Australia's job advertisements in newspapers and on the internet grew by 1.6 percent month-over-month to 109,103 in August 2020, after an upwardly revised 19.1 percent surge a month earlier. This was the third straight month of rise in job advertisement, as the economy reopened from coronavirus lockdowns and despite a surge in local virus cases in Victoria state. "We expect outright falls in national employment in August and September," said ANZ senior economist Catherine Birch. "Q4 is also looking worrying, given the amount of fiscal support to workers, business and households scheduled to be withdrawn, particularly with Victoria only gradually emerging from lockdowns." On an annual basis, ads plunged 30 percent.
Job Advertisements in Australia averaged 141571.81 from 1999 until 2020, reaching an all time high of 258088.47 in April of 2008 and a record low of 63528.34 in April of 2020. This page provides the latest reported value for - Australia Job Advertisements - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Job Advertisements - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Australia and New Zealand Banking Group
Job Advertisements in Australia is expected to be 64500.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Advertisements in Australia to stand at 70000.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 90000.00 in 2021 and 120000.00 in 2022, according to our econometric models.