Australia Job Ads Contract 3.8% In December - ANZ
The total number of job advertisements in Australia was down 3.8 percent on month in December, a survey from ANZ revealed on Monday, falling for the 10th straight month to come in at 133,352.
That follows the upwardly revised 2.8 percent contraction in November (originally -2.9 percent).
Internet job ads dropped 3.9 percent in December, while newspaper ads fell 0.4 percent.
On a yearly basis, the total number of job ads was down 15.3 percent.
"Job advertising is a key barometer of economic activity and business confidence. Its ongoing weakness suggests that conditions for a large share of Australian businesses remain challenging and the outlook uncertain," Justin Fabo, ANZ's head of Australian economics, said in a statement.
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