Job advertisements in Australia increased by 0.4 percent month-over-month in July 2023, beating market consensus of a 0.1 percent rise while shifting from a revised 2.7 percent fall a month earlier. On an annual basis, job ads fell 8.9 percent but remained 49.8 percent above pre-pandemic levels. source: ANZ - Indeed Australian Job Ads

Job Advertisements in Australia averaged 0.38 percent from 1975 until 2023, reaching an all time high of 21.70 percent in June of 2020 and a record low of -43.50 percent 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 ANZ-Indeed Job Ads MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Job Advertisements in Australia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia ANZ-Indeed Job Ads MoM is projected to trend around 2.00 percent in 2024 and 1.50 percent in 2025, according to our econometric models.

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Australia ANZ-Indeed Job Ads MoM



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-03 01:30 AM Jun -2.5% 0.0% 1.5%
2023-08-07 01:30 AM Jul 0.4% -2.7% 0.1% -0.3%
2023-09-04 01:30 AM Aug 0.4% 0.6%


Related Last Previous Unit Reference
Job Advertisements 0.40 -2.70 percent Jul 2023

Australia ANZ-Indeed Job Ads MoM
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
0.40 -2.70 21.70 -43.50 1975 - 2023 percent Monthly
SA

News Stream
Australia Job Ads Rise More than Estimated
Job advertisements in Australia increased by 0.4 percent month-over-month in July 2023, beating market consensus of a 0.1 percent rise while shifting from a revised 2.7 percent fall a month earlier. On an annual basis, job ads fell 8.9 percent but remained 49.8 percent above pre-pandemic levels. "The series has fallen 2.1% over the past three months, suggesting the July lift is likely to be a blip," said ANZ economist Madeline Dunk. “There are other signs labor market momentum is starting to slow as the RBA’s 400bp of hikes flow through to economic activity."
2023-08-07
Australia Job Ads Fall 2.5% MoM in June
Job advertisements in Australia decreased by 2.5 percent month-over-month in June 2023, compared to a downwardly revised flat reading a month earlier. On an annual basis, job ads fell 10 percent but remained 47.5 percent above pre-pandemic levels. "It will take time for the labor market tightness to ease," said ANZ economist Madeline Dunk. "But the direction of change is clear, and we expect an ongoing and orderly moderation in job ads."
2023-07-03
Australia Job Ads Up for 1st Time in 4 Months
Job advertisements in Australia edged up 0.1 percent month-over-month in May 2021, after a revised 0.7% fall in the prior month. This was the first rise in four months, suggesting the overall demand for labor remained resilient in a still red-hot market. On an annual basis, ads fell 6.1% but remained 52% above pre-pandemic levels. "Strong migration and solid demand should limit the pace of declines in ANZ-Indeed Job Ads, and subsequently the rise in the unemployment rate," said ANZ economist Madeline Dunk.
2023-06-05