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NUMBER OF ONLINE JOB ADS SURGES IN AUSTRALIA.
SYDNEY, Sept 3 Asia Pulse - The number of job advertisements on Australia's three top employment internet sites has risen to another record as an interest rate rise did little to weaken the economy.
Job ads on seek.com.au, mycareer.com.au and careerone.com.au rose 2.9 per cent in August and have jumped 51 per cent in the last 12 months, according to the Olivier Internet Job Index.
"Clearly, last month's interest rate rise did not quell Australian employers' voracious appetite for workers," director Robert Olivier said.
The Reserve Bank of Australia this month raised official rates to 6.50 per cent, from 6.25 per cent, and economists say there could be another rise by the end of the year.
"Another rate rise is also unlikely to dampen demand, unless it has a big impact on consumer ...
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Source: HighBeam Research, NUMBER OF ONLINE JOB ADS SURGES IN AUSTRALIA.