• Job advertisements in Australia climb 1.0% in August

Market news

7 September 2015

Job advertisements in Australia climb 1.0% in August

The Australian and New Zealand Banking Group (ANZ) released its job advertisements for Australia on Monday. Job advertisements in Australia climbed 1.0% in August, after a 0.5% decline in July. July's figure was revised down from a 0.4% fall.

Internet job advertisements increased 1.0% in August, while newspaper advertisements gained 0.8%.

On a yearly basis, job advertisement rose 8.7% in August, after a 9.2% in July.

"The recent strength in employment growth has been concentrated in a range of labour intensive services industries, however job losses in mining, mining-related construction and manufacturing are likely to weigh on employment growth over the next year,'' ANZ Chief Economist Warren Hogan said.

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