Last month’s internet job ads averaged 128,567 per week, down from over 260,000 a year ago. The ongoing weakness in job ads suggests that falling employment levels will be the key driver of rising unemployment over the year ahead.
Archive for May, 2009
Unemployment Rising as Job Ads Fall
Australian House Prices Mostly Easing Down
Australian property prices in most areas have been holding steady in the teeth of the financial storm enveloping much of the world. Rising unemployment and a weakening economy still pose the greatest risk to housing.