Australian job advertisements rise 7.8% in September - ANZ

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Australian job advertisements climbed for the fifth straight month in September in a positive sign for the economy which re-opened from coronavirus lockdowns earlier-than-expected, though ads were still down on a year earlier.

FILE PHOTO: A sales assistant is seen through the window of a retail store displaying a job vacancy sign in central Sydney, Australia, December 5, 2016. REUTERS/Steven Saphoreshowed total job ads grew 7.8% to an average 118,424, almost double from a low of 63,565 in May.

“Right now, we need to get a huge volume of people – who were until recently employed – back into the workforce, along with new entrants and those wanting to re-enter the workforce,” Birch added. Official data last showed the jobless rate eased back to 6.8% in August from a high of 7.5% in July but economists fear unemployment could spike toward 10% in coming months due to uncertainty about the economic outlook.

 

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I'd apply to be a casual sales assistant but I'm too anxious.

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