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Financial News: Australia Job Ads Rebound In May

Australia Job Ads Rebound In May

06/04/2018 - 00:15:00 (RTTNews)

(RTTNews) - 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.

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