Australia's job advertisements in newspapers and on the internet slumped 53.1 percent month-over-month to 63,806 in April 2020, after a marginally revised 10 percent fall in the prior month This was the steepest monthly decline on record, amid strict social distancing and business closures due to the coronavirus pandemic. The government's JobKeeper Plan payment to keep people in work could temper the rise in the jobless rate to around 9.5 percent but there would still be a substantial loss of employment, hours worked and household income over the coming months, according to ANZ senior economist, Catherine Birch. On an annual basis, job advertisements plunged 62.2 percent from the prior year, following an 18.2 percent drop in the prior month.
Job Advertisements in Australia averaged 142388.93 from 1999 until 2020, reaching an all time high of 258085.47 in April of 2008 and a record low of 63806 in April of 2020. This page provides the latest reported value for - Australia Job Advertisements - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Job Advertisements - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Australia and New Zealand Banking Group
Job Advertisements in Australia is expected to be 120000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Advertisements in Australia to stand at 150500.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 151000.00 in 2021 and 153000.00 in 2022, according to our econometric models.