Job advertisements in Australia rose by 3.0 percent month-over-month to 211,854 in June 2021, after a downwardly revised 6.8 percent gain a month earlier. This was the 13th straight month of gains in job ads, as dmand for labor remained strong despite the latest COVID-19 lockdown across the country. "Recent history shows that workers laid off or stood down during lockdowns tend to be reinstated or find new jobs quickly once restrictions lift, given the underlying strength in the labor market and overall demand," said ANZ senior economist, Catherine Birch. "Vacancies are twice their pre-pandemic level, and there are now 1.9 unemployed people per vacancy, easily the lowest ration on record," Birch added. On an annual bases, job ads surged almost 129 percent. source: Australia and New Zealand Banking Group
Job Advertisements in Australia averaged 142588.02 from 1999 until 2021, reaching an all time high of 255914 in April of 2008 and a record low of 66887 in May 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 July of 2021.
Job Advertisements in Australia is expected to be 165000.00 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 175000.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 175000.00 in 2022, according to our econometric models.