ANZ Job Advertisements for November

+1.3% m/m

  • prior +0.3%, revised from +0.4%

Comments from ANZ (Felicity Emmett, co-head of Australian economics):

Australia's labour market continues to send positive signals about the current state of the economy

Overall activity is clearly being supported by labour intensive services industries

Emmett's outlook for the labour market:

  • Employment growth to slow as strong property market activity wanes, and lower AUD benefits diminish

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Note for AUD traders, the much-watched employment report is due on Thursday (local time)