Australia Job Ads Rise 1.8% MoM
Trading Economics·- In May 2026, Australia saw a 1.8% month-on-month increase in job advertisements, marking the first growth since February despite previous declines. - This growth was driven by higher demand in food preparation, education, nursing, and construction, while transport and driving ads significantly dropped due to disruptions related to Middle East conflicts. - Economists predict that restrictive interest rates will slow down economic growth in the coming months, potentially increasing unemployment, although job ads are still 2.0% higher than a year ago, exceeding the decade average by 15.1%.