ANZ job ads confirm stalling labour market

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ANZ job ads are out today for June and a luke warm labour market is cooling in at 0.5% growth on the month and 9.7% rolling annual:

Total  0.5%  2.2% -0.4%  0.2% -1.1%  1.0% -0.1%
Internet  0.6%  2.4% -0.3%  0.5% -1.3%  1.0%  0.0%
Newspapers -5.3%  -10.1% -5.0%  -13.0%  7.9% -2.7% -3.7%
—————————- YoY% —————————-
Total  8.0%  9.1%  6.4% 10.1%  8.2% 10.8%  9.9%
Internet  8.8%  9.9%  7.0% 10.7%  8.7% 11.3% 10.6%
Newspapers  -31.7%  -28.8%  -22.8%  -19.9%  -10.9%  -13.0%  -17.0%
————————— Number —————————
Total 158,810 157,989 154,622 155,244 154,877 156,622 155,125
Internet  156,767 155,831 152,220 152,715 151,970 153,927 152,357

The chart:

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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.