Job ad growth eases in May: ANZ

The growth in job advertisements in Australia eased during May to tick up 0.4 per cent compared to April's 1.5 per cent jump.

The study found 36 per cent of male refugees were in paid work. Source: AAP

Employment growth is expected to continue despite an easing in job advertisements.

ANZ's latest job ads survey shows that advertisements edged 0.4 per cent higher in May, following a solid 1.5 per cent rise in the previous month.

It also found that the annual growth eased from April's 10.1 per cent to 7.4 per cent in May.

"Despite the moderation in May, job advertisements indicate that employment growth is likely to continue over the coming months," ANZ's head of Australian economics David Plank said.

Mr Plank said the outlook for the labour market will be a critical indicator of what the Reserve Bank of Australia will do with the cash rate over the next six months.

He said if the labour market falters then the prospect of further RBA rate cuts will increase significantly.