ANZ Job Ad Stats – January 2013
- Job advertisements rose 3.0% m/m in February to the highest level since October 2012, suggesting tentative signs of a stabilisation in hiring. This is still well below the levels of a year ago and 22% below the most recent peak in April 2011.
- In February, job advertising on the internet rose 3.3% m/m, while newspaper job ads fell 2.9% m/m. In trend terms, the number of job ads continued to decline in February (-0.5% m/m) but at a slower rate than in the second half of 2012.
- Newspaper job advertising remains relatively subdued across the country but rates of decline for the most part have been moderating in recent months. Advertisements fell sharply in Victoria (which remains very weak), the NT (after recent strength) and WA, but rose in NSW and Queensland (the latter after recent weakness). Newspaper advertising remains strongest in the Northern Territory and appears to be stabilising in Tasmania. Newspaper advertising now represents less than 4% of total job advertising.
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