Growth in job vacancies eases to 1.4%

Job vacancies hit a fresh all-time peak in February, but the rate of growth is slowing.

Job vacancies rose 1.4 per cent in the three months to February. (AAP)

Job vacancies rose 1.4 per cent over the three months to February, a rate of growth far lower than that of a year ago.

Employers in February advertised 245,300 positions, according to seasonally adjusted data released on Thursday by the Australian Bureau of Statistics.

Private sector growth of 1.8 per cent offset a 1.7 per cent decline in the public sector, but the overall rate of growth dropped from 1.5 per cent in the November quarter - and from 5.2 per cent a year ago.