ANZ jobs ads fall away

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ANZ job ads are out for March and slowed sharply down 1.4% month-on-month:

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Year on year ads were up 7.5%. ANZ chief economist Warren Hogan said:

Despite declining slightly in March, job advertisements remain elevated. This follows two months of slowing growth at the start of 2015. We will monitor in coming months, but this may suggest that peak growth in job advertisements has now passed.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.