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INDEX SHOWS RISE IN AUSTRALIAN INTERNET JOB ADS IN MAY.
MELBOURNE, June 3 Asia Pulse - Online job advertisements rose 4.6 per cent in Australia last month, according to the Olivier Internet Job Index for May.
There has been a 36.64 per cent increase in jobs since the index hit rock bottom in December last year and May 2002.
"That's more than 2,800 extra new job vacancies for Australians to fill in the last month," Olivier research analyst Daisy Hoffmann said.
"But more importantly it signals that there's steady growth at a realistic rate in the Australian job market. This must indicate a steady as it goes approach to the Reserve Bank of Australia."
Ms Hoffmann said there are no abnormal factors such as the Olympics or a change in government policy behind the increase.
"The Federal budget was neutral on employment - this increase is a true indication of a healthy, but not overheated economy," she said.
The index is over the benchmark 100 again, after six months ...
- Internet job index rises.
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