Job ads at lowest level in 14 years

THE number of jobs advertised in major newspapers has fallen to its lowest level in more than 14 years, with back-to-back interest rate rises causing a decline in every state and territory, a survey shows.

The ANZ job ads series shows that the total number of website and print advertisements declined by a seasonally adjusted 0.7 per cent in March to a weekly average of 267,041.

The Australian goes on to report the number of Job ads in NSW is at it’s lowest level since December 1983. The Northern Territory experienced the biggest decline of 31.1 per cent and its biggest monthly fall on record.

» Job ads at lowest level in 14 years – The Australian, April 7th 2008.