Australia - ANZ job ads for October: +1.0% m/m (prior -0.3%)

Employment vacancy data from ANZ for October

• +1% m/m (down 0.3% the previous month)


• +5.2% y/y (+3.8% the previous month)
  


• In trend terms, job ads rose 0.4% m/m (+0.5% m/m rise in September)


• Trend annual growth in job advertisements - 4.8% y/y (compared to +11.4% y/y a year ago)
  

Comment from ANZ (Felicity Emmett, head of Australian economics )

• rise in job ads is encouraging


• points to ongoing improvement in labour market conditions


• consistent with the moderate pace of economic growth, as well as above average business and consumer sentiment
  

Australia - ANZ job ads for October: +1.0% m/m (prior -0.3%)
Australia - ANZ job ads for October: +1.0% m/m (prior -0.3%)
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