ANZ job ads still falling

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Via ANZ, job ads fell again in April, down 0.1% month on month and 5.6% year on year:

After five successive steep falls, it is pleasing to see a virtually unchanged result in job ads for April.

We aren’t getting too carried away with the result, since we saw last year that a positive result for October was followed by renewed weakness.

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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.