- Prior was -5.7%, revised from -5.6%
ANZ chief economist Hogan comments:
- ANZ job ads bounce, rising 4.3% m/m in June, retracing part of May’s large fall and returning to levels seen three months ago
- ANZ job ads are still 6% higher than at the start of the year, suggesting labour demand has very gradually improved
- ANZ’s view is that this improvement should flow into moderate employment growth going forward.
- Says the post-budget drop was “transitory”
