According to an ANZ report on Job advertisements, it shows a fell in Job advertisements by 0.8% in July.
This was the first decline since April and may reflect heightened uncertainty temporarily delaying the hiring plans of some employers. Annual growth in job ads has slowed to 6.9% from 8.0% in the previous month. Ivan has asked Morgans senior analyst Brian Pun to explain whether we should be alert of the falls, and whether or not the data of the report give us the hindsight on Australia economic in near future.
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