As the push and pull over the prospect of rate rises in 2026 continues, the signals coming from forward looking labour market indicators are painting quite a different picture.
The ANZ-Indeed Job Ads index has continued to plumb new cycle lows, down 32.6% from the peak level of demand for labour in November 2022.
In December, job ads fell by 0.5% for the month, with total job ads down 7.8% in the final half of last year.
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