ANZ Bank has published its monthly report into job advertising in Australia, finding that the total number of advertisements on the internet and newspapers has fallen 1.2 per cent in June, on the back of a 2.6 per cent contraction in May.

 

The report found that the total number of job advertisements in newspapers has fallen 3.3 per cent, with the sharpest falls in Victoria, Queensland and Western Australia. The number of internet job advertisements has fallen 1.1 per cent in June, after falling 2.6 per cent in May. Internet job advertisements were 8.5 per cent lower than the same time last year.

 

“Recent trends in job advertising suggest that there has been a mild softening in labour demand in Australia after it had strengthened somewhat in the early part of the year,” ANZ Senior Economist Justin Fabo said.

 

“In part, this likely reflects hesitation among some firms to hire additional staff in the face of heightened uncertainty about the global economy again in recent months, particularly in Europe.”