Australia Job Ads rise 2.2% m/m in September, up 12.9% y/y
September ANZ-Indeed Job Ads rose 2.2% m/m and 2.0% m/m trend, up 12.9% y/y and 12.3% y/y respectively. ANZ expects a gradual cooling in Australian labor demand.
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Australia job ads rise 2.2% in September
The number of Australian job advertisements rose for a fifth straight month in September, up 2.2% from August, suggesting labour demand remained healthy despite higher borrowing costs. Ads were up 12.9% from a year earlier and 24.4% above their decade-long average.