FX.co ★ Australia Job Ads Rise the Most in 3 Months

ANZ-Indeed Australian Job Ads experienced a 0.5% month-over-month increase in April 2025, building on a 0.4% rise in the preceding month and marking the second consecutive monthly improvement—the most robust rate seen since January. This latest data underscores a labour market that remains resilient, though the ongoing uncertainty stemming from global trade tensions continues to obscure the economic outlook. On an annual basis, job ads decreased by 5.1%, yet they are still 16.2% above pre-pandemic levels. ANZ economist Aaron Luk commented, "Global trade uncertainty is expected to affect both domestic consumer and business confidence. This reduced economic activity is likely to diminish the demand for labour." He further noted that the bank now anticipates the unemployment rate to peak at 4.4%, revised up from an earlier estimate of 4.2%, attributable to trade-related risks.