Job advertisements in Australia rose by 9.2 percent month-over-month to the highest in 18 months of 159,156 in December 2020, after a downwardly revised 13.5 percent increase a month earlier. This was the eighth straight month of gains in job advertisement, as the economy reopened from coronavirus lockdowns. "The fast-paced recovery in job ads means solid employment gains should continue into early 2021 at least," ANZ senior economist Catherine Birch said. "It also suggests the unemployment rate could fall quite quickly in 2021," she added. On an annual basis, job ads grew by 5.0 percent, a rebound given COVID-19 lockdowns in April had sagged down the economy into the first recession in three decades. source: Australia and New Zealand Banking Group
Job Advertisements in Australia averaged 141460.87 from 1999 until 2020, reaching an all time high of 255930 in April of 2008 and a record low of 64801 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 January of 2021.
Job Advertisements in Australia is expected to be 108000.00 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 103000.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 105000.00 in 2022, according to our econometric models.