Job advertisements in Australia increased in October, after remaining flat in the previous month, latest survey from the Australian and New Zealand Banking Group revealed Monday.
Total job ads rose a seasonally adjusted 1.0 percent from September, when it showed no variations.
Annual growth in job ads accelerated to 5.2 percent in October from 3.8 percent in the prior month.
"The rise in ANZ job ads is encouraging and points to ongoing improvement in labour market conditions. It is consistent with the moderate pace of economic growth, as well as above average business and consumer sentiment," Felicity Emmett, ANZ head of Australian Economics, said.
"Overall, our assessment is that the labor market will continue to improve at a gradual pace and the unemployment rate will continue to edge lower, supported by low interest rates and still elevated business conditions."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.