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ANZ has released job ads for February and the news finally better with a 5.1% rise. From ANZ:

“Forthcoming job ads data will be important: if much of the recent improvement in job ads is maintained in coming months it would support our view that economic activity will improve gradually this year.”

No real surprise there. Some folks are bound to misread this cycle as the same as those in the past.

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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.