Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Tuesday, 5 July 2016

Job ads rise to a four year high

4 year high

After jumping by 2.2 per cent in May, ANZ's Job Advertisements series rose again by 0.5 per cent in June to 158,510.

Total jobs ads are now 8 per cent higher over the year. 

Source: ANZ

Reported ANZ:

"The strength in labour demand over the past two months is consistent with robust business conditions and solid momentum in the domestic economy. This should support a healthy pace of employment growth in the near term."

Lovely to see.

Unfortunately globally things have not been so happy, disrupting global growth forecasts and interest rate expectations. 

Oh, and last time I checked the election result is still up in the air as well!