More jobs are being advertised in Australia, indicating a gradual strengthening in Australian employment.
The ANZ’s says job advertisements rose 0.9% in September, the fourth consecutive monthly rise in seasonally adjusted terms.
Job advertisements are now 7.9% higher over the past year, suggesting conditions in the labour market continue to gradually improve.
The improvement in September was driven by internet job ads (+1.1%).
Newspaper job ads, which make up only around 5% of the total, declined by 3.5% following a 2.1% increase in August.
Looking through the volatility, newspaper job advertisements are trending higher in a number of states including Victoria, Western Australia and the Northern Territory.
Trend newspaper job advertisements are growing more modestly in New South Wales and Tasmania. There’s a decline in South Australia and the ACT.