Job advertisements in Australia increased by 0.4 percent month-over-month in May 2022, reversing from a revised 2.0 percent fall in April. The latest print pointed to continued strong demand for labor and was 17.3 percent higher than a year earlier. ANZ senior economist Catherine Birch said jobs ads remain close to the peak seen in March, indicating there is significant unmet demand for labor. "Australia's labor market is not as tight as in some other economies," she said. "While population growth has started to recover and the unemployment rate has dropped to a 48-year low of 3.9 percent, there is a substantial pool of domestic supply that employers are still not utilizing." source: Australia and New Zealand Banking Group

Job Advertisements in Australia averaged 145598.47 from 1999 until 2022, reaching an all time high of 255892.88 in April of 2008 and a record low of 54636.46 in May 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 June of 2022.

Job Advertisements in Australia is expected to be 205000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Job Advertisements is projected to trend around 175000.00 in 2023, according to our econometric models.

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Australia Job Advertisements



Calendar GMT Actual Previous Consensus TEForecast
2022-05-02 01:30 AM Apr -0.5% 0.7% -0.6%
2022-06-06 01:30 AM May 0.4% -2.0% 0.6%
2022-07-04 01:30 AM Jun 0.4%


Related Last Previous Unit Reference
Job Advertisements 238177.91 237184.89 May 2022

Australia Job Advertisements
In Australia, job advertisements measure the number of jobs advertised in the major daily newspapers and internet sites covering the capital cities.
Actual Previous Highest Lowest Dates Unit Frequency
238177.91 237184.89 255892.88 54636.46 1999 - 2022 Monthly
SA

News Stream
Australia Job Ads Rise 0.4% MoM
Job advertisements in Australia increased by 0.4 percent month-over-month in May 2022, reversing from a revised 2.0 percent fall in April. The latest print pointed to continued strong demand for labor and was 17.3 percent higher than a year earlier. ANZ senior economist Catherine Birch said jobs ads remain close to the peak seen in March, indicating there is significant unmet demand for labor. "Australia's labor market is not as tight as in some other economies," she said. "While population growth has started to recover and the unemployment rate has dropped to a 48-year low of 3.9 percent, there is a substantial pool of domestic supply that employers are still not utilizing."
2022-06-06
Australia Job Ads Down in April
Job advertisements in Australia dropped by 0.5% mom to 245,536 in April 2022, reversing from an upwardly revised 0.7% rise in the prior month. Still, the latest print pointed to continued strong demand for labor and was more than 57% higher than February 2020, before the pandemic first struck. "We expect strong labor demand to lead to solid employment gains in the coming months," said David Plank, ANZ's head of Australian economics. "We see the unemployment rate dropping well below 4% in H2 of 2022, which should reinforce the momentum toward higher wages growth." On a yearly basis, job ads grew by 26.3%, compared with a 32.2% jump in March.
2022-05-02
Australia Job Ads Rise 0.4% MoM in March
Job advertisements in Australia grew by 0.4 percent month-over-month to 245,891 in March 2022, after an upwardly revised 10.9 percent surge a month earlier, indicating strong demand for labor and a likely further drop in unemployment ahead. The latest figure was more than 57 percent higher than February 2020, before the pandemic first struck. "Labor demand is elevated and continuing to grow," said ANZ Senior Economist, Catherine Birch. "These indicators point to further solid employment gains and upward pressure on wages growth." The Reserve Bank of Australia is holding interest rates steady at record lows in the hope of driving unemployment down below 4% and finally lifting wage growth after years of tepid gains. On a yearly basis, job ads rose 32.5 percent, after a 39.6 percent jump in February.
2022-04-04