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#Ivan Colhoun

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Job ads rise 33.2% – competition for labour at post-GFC high

Job ads rose for the seventh consecutive month in November and are now 33.2 percent higher than the same time last year, with competition for skilled labour now becoming a serious issue for Australian businesses.

David Olsen · 2 min
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Economy

Unemployment rate likely to remain at 5.1%: ANZ

Australia’s unemployment rate is likely to remain at 5.1 percent according to ANZ Head of Australian Economics Ivan Colhoun, with the ANZ Job Advertisements Series for October showing only a modest 0.6 percent increase in job ads.

David Olsen · 2 min