Asian Economic News

Australia Job Ads Rebound In May

Job advertisements in Australia increased in May after falling in the previous month, the latest survey from the Australian and New Zealand Banking Group revealed Monday.

On a monthly basis, total job ads rose a seasonally adjusted 1.5 percent month-over-month in May, reversing a 0.3 percent drop in April.

Annual growth in job ads accelerated to 11.5 percent in May from 8.7 percent in the preceding month.

by RTTNews Staff Writer

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