Job advertisements have risen for the ninth month in a row but ANZ expects the Reserve Bank to cut interest rates at its next meeting to combat rising unemployment.
The number of ads rose 0.9 per cent in February and by 9.8 per cent over the year, the bank's monthly job ads series found.
ANZ said with unemployment expected to rise, the Reserve Bank of Australia was likely to cut interest rates in March, chief economist Warren Hogan said.
"There is also some possibility that a third cut will become appropriate later in the year, should confidence and indicators of non-mining investment and household consumption fail to turn up sufficiently," he said.
New jobs were being created as employment was lost in manufacturing and mining, the survey found.
"The tepid outlook for economic growth and expectations of a further rise in unemployment continue to suggest that further monetary policy easing is necessary," Mr Hogan said.
There were an average of 143,484 job ads per week in February, on a seasonally adjusted basis, with 98 per cent of them on the internet and the remainder in newspapers.
Newspaper job ads more than doubled in the Northern Territory and rose in Queensland, Victoria and South Australia.
But print advertisements for positions fell in NSW, Tasmania, Western Australia and the ACT.
Unemployment rose to 6.4 per cent in January.
The Australian Bureau of Statistics is releasing unemployment data for February on Thursday.
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