The Number Of Australian Job Ads Keeps Going Down, Especially In WA

Photo: Getty/Joe Raedle

ANZ’s jobs ads survey is out, and the numbers aren’t good.

According to the survey — a key market indicator — the number of job ads on the internet and in newspapers fell 1.8% in June.

The total number dropped from 132,036 in May to 129,720 in June.

Newspaper job ads in Western Australia fell 6.2% to 784, after a 7.7% drop in May.

“WA is now recording the sharpest trend decline in newspaper job advertisements of any state, with job advertising nearly 50 per cent lower than a year ago,” said ANZ chief economist Ivan Colhoun, according to AAP.

Australia’s share market was down 0.76% this afternoon after the survey came out, after opening poorly.

Now read: Here’s Some Good News If You Have Commonwealth Bank Shares

Follow Business Insider Australia on Facebook and Twitter

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.