Australian jobs ads in April fell for a 6 month in a row

Australia total job advertisements -0.1%m/m in April

• March was -1.7%
• for the y/y, down 5.6%

ANZ comments:

• "After five successive steep falls, it is pleasing to see a virtually unchanged result in job ads for April
• unlikely that wage growth will accelerate by enough for the RBA to be confident of meeting its inflation target
• labour market needs to get stronger, which is why we think the RBA will ease policy on Tuesday"