Key facts
- Australian job advertisements increased by 0.8% in July compared to June.
- This rise follows a 0.1% decrease in the previous month.
- Job ads were 2.1% higher than in July of the prior year.
- The increase was broad-based, with notable growth in management and physician/surgeon roles.
- Healthcare, education, and public administration sectors showed strong gains.
The number of job advertisements in Australia saw a 0.8% increase in July, according to data from Australia and New Zealand Banking Group and employment website Indeed. This rise follows a slight 0.1% fall in June and indicates that labor demand remains healthy, even as the Reserve Bank of Australia has raised interest rates to combat inflation. The gain was broad-based, with notable growth in management, physician and surgeon opportunities, as well as in healthcare, education, and public administration sectors. Job ads were 2.1% higher than in July of the previous year and remained significantly above their decade-long averages. This resilience in the labor market contrasts with cooling economic conditions and follows a June jobs report that showed the creation of 76,300 net jobs and a steady unemployment rate of 4.4%.