ANZ job ads fall

Monday, 7 March 2016

ANZ is out with February job ads and we see a decent slowdown in the month of 1.2%:

Not a trend break at this stage and ads are still up 8.2% year on year. Nonetheless, ANZ is of the view that “hiring is slowing” and retains a forecast of two rate cuts this year on that basis.

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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.