Australian job ads rise to 16-month high in February

Australian job ads increased by 3.2 percent in February, marking the highest level in 16 months. This growth adds to expectations of a May interest rate hike.

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Job advertisements in Australia climbed for the second month in a row in February, reaching their highest point in 16 months. According to data released by the Australia and New Zealand Banking Group and the recruitment platform Indeed, this growth signals continued resilience in the domestic labor market at the start of 2026.

A retail worker is visible behind a glass window featuring a 'Help Wanted' advertisement in Sydney. REUTERS/Steven Saphore/File Photo
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