Australia's job advertisements in newspapers and on the internet grew by a record of 42 percent month-over-month to 89,252 in June 2020, after a downwardly revised 0.3 percent fall a month earlier, as much of the economy re-opened from coronavirus lockdowns. "This is not overly surprising, given that COVID-19 restrictions continued to ease across most of Australia during June," said ANZ senior economist Catherine Birch."After an initial bounce, we expect the recovery will be a lot slower. There have been a number of recent large-scale lay-offs announced across a wide range of sectors, including travel, retail, media, consulting, and education." On a yearly basis, job advertisements plunged 44.6 percent from the prior year.
Job Advertisements in Australia averaged 141850.85 from 1999 until 2020, reaching an all time high of 258095.47 in April of 2008 and a record low of 63112.34 in April 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 2020. source: Australia and New Zealand Banking Group
Job Advertisements in Australia is expected to be 64500.00 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 70000.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 90000.00 in 2021 and 120000.00 in 2022, according to our econometric models.