ANZ bank's Job Advertisements series

May: +0.4% m/m, up for a 3rd consecutive month

  • April was +1.4%
  • For the y/y up 7.4%

Comment from ANZ:

  • "Job advertisements indicate that employment growth is likely to continue over the coming months"
  • Unemployment rate is likely to edge downwards over the rest of the year, as official data catches up and matches the forward-looking indicators"