Australia's job advertisements in newspapers and on the internet surged 4.6 percent month-over-month in June 2019, recovering from a downwardly revised 8.2 percent slump in the previous month. "The gain was one of the biggest in 18 months. We don't think it necessarily represents a turn in the overall downward trend," said David Plank, ANZ's head of Australian economics. The June increase in job vacancies represents only a partial recovery from the weakness seen in May, he added. "This points to slowing employment growth and rising unemployment. If confirmed by the actual employment data, then the RBA will likely react by lowering the cash rate yet again." On an annual basis, job advertisements declined by 9.1 percent in June. Job Advertisements in Australia averaged 142317.84 from 1999 until 2019, reaching an all time high of 258085.03 in April of 2008 and a record low of 69798.90 in July of 1999.