Australian Job Ads Dip 0.2% in June, ANZ-Indeed Data Shows
Synopsis
Hiring demand eased slightly during the month, although job advertisements remained higher than a year ago and well above their decade average.
Key Highlights
- ANZ-Indeed data showed that Australian job ads slipped 0.2% in June after gaining 2% in May.
- The Australian labour market added 40,300 jobs in May while the jobless rate eased to 4.4%.
- The need rises for nursing and real estate advice, while the grocery store and food preparation roles fell.
The ANZ-Indeed job ads data showed a 0.2% drop in June after a 2% rise in May while the economy added net jobs of 40,300 in May with the unemployment rate showing continued resilience at 4.4% despite rising interest rates.
Latest Australia labour market June 2026 data recommend that hiring demand is slowly softening, as businesses adapt to the Reserve Bank of Australia (RBA) three rate hikes in all this year.
Healthcare and property hiring still strong
The June data indicated that hiring demand, still firm in nursing and real estate, continued to strengthen, offsetting weakness in other sectors.
The number of job ads for retail, food preparation and management roles fell sharply over the month. Logistics job vacancies jumped after two months of consecutive falls, though the demand for drivers continued to soften.
Job ads are well above their long-term average
While job advertisements fell every month, they were 0.5% higher and remained 15% above their decade-long average as employers continue to search for workers even with the labour market moderating.
The data points to the Australian labour market being relatively resilient, but RBA rate hikes continue to weigh on hiring for relevant industries, especially for small businesses with higher borrowing costs.
Source: Reuters
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