Job vacancies in New South Wales increase by over 50%
The number of job advertisements published in newspapers in New South Wales has increased by 56%. The rise in vacancies is the biggest growth since 2007. Across all Australian states, the number of job vacancies has also increased by around 30%.
The survey was carried out by the Australian and New Zealand Banking Group Ltd (ANZ Bank). The job surge is a positive indicator that Australian employers are optimistic about the strength of the Australian economy for this year, good news for anyone considering a move to Australia.
Economists have warned however that although the rise in job advertisements is clearly a healthy sign, many of the jobs published are temporary positions and an increase in the number of permanent jobs would be a more encouraging indicator of economic confidence.
