FX.co ★ Australia Job Ads Rise for First Time in 3 Months

In June 2025, ANZ-Indeed reported a 1.8% increase in Australian job advertisements from the previous month, recovering from a revised 0.6% decline observed in May. This marks the first sign of growth since March, suggesting a resilient labor market despite the backdrop of reduced interest rates. ANZ economist Aaron Luk commented, "The persistent tightness in Australia's labor market and the economy's overall resilience support our view that the easing cycle will be relatively modest." The job market has surpassed expectations, maintaining an unemployment rate at a historically low 4.1%. However, the central bank forecasts a potential rise to 4.3% due to escalating risks from U.S. tariffs impacting global trade. Year-over-year, job ads declined by 0.4% but remain 16.1% higher than pre-pandemic levels, highlighting a continued demand for workers.