The Australia and New Zealand Banking Group Limited (ANZ) released its job advertisements figures on Monday. Job advertisements declined 0.8% in April, after a 0.1% rise in March. March’s figure was revised down from a 0.2% increase.
The decrease was mainly driven by a drop in newspaper job advertisements, which plunged by 6.2% in April.
“The number of job ads has been broadly flat now for six months. This follows a period of substantial growth in employment, so some modest slowdown should probably not be surprising,” the ANZ Head of Australian Economics Felicity Emmett noted.
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