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Job ads fall again

Jobs ads have fallen for the second straight month, for the first time in almost two years.

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1 min read

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Source: AAP


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The latest ANZ survey shows total job ads on the internet and in newspapers fell 6.5 per cent in May compared to April, but were up 8.3 per cent on May last year.

Job ads in April have been revised down to a monthly fall of 0.4 per cent.

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ANZ chief economist Warren Hogan says with unemployment below five per cent and rising inflation pressures, the central bank's likely to lift interest rates by a quarter of one per cent in the next three months.


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