Job vacancy ad survey from ANZ for June 2019.
Improves to +4.6% m/m
- prior -8.2%, revised from -8.%
A solid move higher after May. the big drop in May could well have been impacted by some one-offs:
- A long week of holidays at the end of April with Easter and ANZAC day nearly (and for many folks) run into each other
- a weak rebound with the impending election
Since the RBA emphasised they are watching labour market developments indicators such as this have come under renewed focus.