Tassie job ads steady

Written By Unknown on Senin, 04 Maret 2013 | 19.55

JOB ads in Tasmania dropped marginally in February, new figures from the ANZ show.

While in trend terms the number of job ads declined by 0.1 per cent from the previous month to 263, the seasonally adjusted figures were more volatile -- a 4.2 per cent drop to 251 ads.

Job ads in Tasmania have dropped by 24.8 per cent since last year, underlining the state's unemployment rate of 7.4 per cent – the nation's worst -- in trend terms.

ANZ head of Australian economics and research Ivan Colhoun said newspaper job advertising, which represented less than 4 per cent of total job advertising, appeared to have stabilised in Tasmania.

In February, the figures rose to their highest level since October 2012 with a 3 per cent rise.

"Rising Australian house prices, equity markets, consumer confidence, and to a lesser extent business confidence in recent months are important signs that accommodative monetary policy should support stronger domestic economic activity," Mr Colhoun said.


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