Australia's job advertisements in newspapers and on the internet surged 9.4 percent month-over-month to 129,544 in October 2020, after an upwardly revised 8.3 percent rise a month earlier. This was the sixth straight month of gains in job advertisement, as the economy reopened from coronavirus lockdowns and a resurgence in local virus cases in Victoria state was under control. "Job ads have now regained more than-three quarters of the plunge they took in March and April," said ANZ senior economist Catherine Birch. "We think Jobs Ads will need to exceed pre-pandemic levels for some time to ensure the ongoing recovery in employment and reduce labor market underutilization," she added. On an annual basis, ads fell 0.4 percent. source: Australia and New Zealand Banking Group
Job Advertisements in Australia averaged 141432.75 from 1999 until 2020, reaching an all time high of 258089.47 in April of 2008 and a record low of 64210.34 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 November of 2020.
Job Advertisements in Australia is expected to be 110000.00 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 105000.00 in 12 months time. In the long-term, the Australia Job Advertisements is projected to trend around 103000.00 in 2021 and 105000.00 in 2022, according to our econometric models.