Job advertisements in Australia dropped by 1.1 percent month-over-month to 237,047 in July of 2022, reversing from a downwardly revised 0.4 percent gain in June and pointing to the first decline in three months. "We may have passed the peak in job ads, but the large volume of unfilled demand means the labor market will likely continue to tighten," said ANZ senior economist Catherine Birch. "In fact, we now forecast unemployment to fall below 3% by early-2023." "Newly arrived skilled migrants, temporary visa holders, students, and backpackers are adding to the supply of workers, but also to already strong demand," Birch added. On an annual basis, job ads remain at historically high levels, growing 15.6% year-on-year. source: Australia and New Zealand Banking Group

Job Advertisements in Australia averaged 146271.39 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 August of 2022.

Job Advertisements in Australia is expected to be 190000.00 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
2022-07-04 01:30 AM Jun 1.4% 0.4% 0.2%
2022-08-01 01:30 AM Jul -1.1% 0.4% 0.3%
2022-09-05 01:30 AM Aug -1.1%


Related Last Previous Unit Reference
Job Advertisements 237046.71 239584.67 Jul 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
237046.71 239584.67 255892.88 54636.46 1999 - 2022 Monthly
SA

News Stream
Australia Job Ads Down for 1st Time in 3 Months
Job advertisements in Australia dropped by 1.1 percent month-over-month to 237,047 in July of 2022, reversing from a downwardly revised 0.4 percent gain in June and pointing to the first decline in three months. "We may have passed the peak in job ads, but the large volume of unfilled demand means the labor market will likely continue to tighten," said ANZ senior economist Catherine Birch. "In fact, we now forecast unemployment to fall below 3% by early-2023." "Newly arrived skilled migrants, temporary visa holders, students, and backpackers are adding to the supply of workers, but also to already strong demand," Birch added. On an annual basis, job ads remain at historically high levels, growing 15.6% year-on-year.
2022-08-01
Australia Job Ads Highest Since 2008
Job advertisements in Australia increased by 1.4 percent month-over-month to their highest since 2008 of 243,523 in June of 2022, quickening from a 0.4 percent gain in May. The latest print highlighted that demand for labor showed no sign of stalling and suggested that unemployment was likely to drop to fresh lows in coming months. "The sheer volume of unmet labor demand suggests that underutilisation will keep falling and stay low even as demand growth is curtailed by higher inflation and rising interest rates," said ANZ senior economist Catherine Birch. "The very tight labor market is a key reason why we expect the economy will be resilient in the face of there," she added. On an annual basis, job ads rose 18.4% and 59% higher than January 2020 before the pandemic first struck.
2022-07-04
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