FX & CFD trading involves significant risk
The Australian and New Zealand Banking Group (ANZ) released its job advertisements for Australia on Monday. Job advertisements in Australia climbed 1.0% in August, after a 0.5% decline in July. July's figure was revised down from a 0.4% fall.
Internet job advertisements increased 1.0% in August, while newspaper advertisements gained 0.8%.
On a yearly basis, job advertisement rose 8.7% in August, after a 9.2% in July.
"The recent strength in employment growth has been concentrated in a range of labour intensive services industries, however job losses in mining, mining-related construction and manufacturing are likely to weigh on employment growth over the next year,'' ANZ Chief Economist Warren Hogan said.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.