ANZ-Indeed survey shows Australian job advertisements fell 3.0% in July m/m
- prior -2.7% (revised from -2.2%)
- down 20.8% y/y
- sixth straight month of month-on-month declines
- remain 13.3% higher than pre-pandemic levels
ANZ comment:
- "We've also seen the share of employers recruiting fall sharply in June to levels last seen during the east coast 2021 lockdowns, while average hours worked per employed person has declined 30 minutes a week since February 2023"
