Job ads fall as businesses shelve hiring plans

By Jessica Stanic · 4 May 2009 · Locked

Job Ads Plummet Amid Economic Downturn

The Australian economy is facing a recession, and job demand is plummeting. Businesses are shelving their hiring plans, but what does this mean for your career?

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Summary

Demand for staff has dropped substantially over the past couple of months as the Australian economy enters a recession, and unemployment rises. According to the ANZ, job advertisements online and in newspapers dropped by 7.5 percent, off the back of an 8.5 percent slump in March. Many businesses are shelving their hiring plans, a move […]