Jobs ads rise again
Another really positive data point from the Department of Employment, with job advertisements increasing another 8 per cent in November to 169,900.
In Queensland ads were some 5,200 higher than a year earlier, and indeed all of the main states have recorded substantial increases.
Source: LMIP
Job advertisements have now ricocheted higher for 7 consecutive months.
Western Australia is benefitting greatly from its control of the virus and booming iron ore prices, which touched fresh 9-year highs this week.
Overall, strong signs for hiring which can help to push the unemployment rate down into a normal range by the first quarter of 2021.
