Australia job ads grew strongly in Nov.

Posted by Erina Lin on December 8, 2009 at 2:51 PM

Australian job advertisements, including print and online, were up strongly in November, according to a survey by Australia and New Zealand Banking Group released Monday, Reuters reported.

The study showed total job ad market increased 5.2 percent in November, much healthier than the 1.7 percent dip in October, and the 34.2 percent decline one year ago.

The number of job advertisements in major metropolitan papers climbed 8.3 percent, while those online were up 5.0 percent, according to the Reuters article posted on Asia One.

"The lift in newspaper job advertising is particularly encouraging, given that this sector tends to lead overall job advertising trends," Warren Hogan, acting chief economist at ANZ, said. "Employment growth is also now trending upwards, after contracting through the first half of 2009."

In general, average job advertisements totaled 140,658 per week in November. 9,530 of them came from newspapers and the rest from the Internet. The figures grew 2.3 percent in November, up for the sixth consecutive month, Reuters reported.