Australia | Jun 07 2010
By Rudi Filapek-Vandyck
ANZ's montly survey suggests the number of job advertisements rebounded in May, but the survey also revealed divergence between job ads online and in Australia's leading newspapers.
According to the survey, the total number of jobs advertised rose 4.3% in May to a total of 167,600 per week, seasonally adjusted, following a 1.2% drop in April.
Online advertisements increased by 5% to 158,400 a week but newspapers posted a 6.5% drop to 9,425.
In response to the survey, ANZ economist Katie Dean suggested May's job ad numbers ''suggests that employers remain confident about Australia's long-term prospects, despite the tightening of monetary policy in the first half of the year and renewed concerns about the global environment.''
