#ANZ Australian Job Ads rose a further 7.4% m/m in March to hit its highest level since November 2008. This points to further sharp declines in the unemployment rate this year, aside from a temporary rise expected in Q2, post-JobKeeper. #ausecon @cfbirch @MBansi pic.twitter.com/zT6c92Y1BA
— ANZ_Research (@ANZ_Research) April 6, 2021
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Plenty of slack yet and this will slow as we enter H2 and catch-up growth subsides.