Australian Job Vacancies Rise 2.7 Percent in February

Australian job vacancies rose 2.7 percent in the February quarter to 337,900. Gains in construction and retail suggest the labour market is in good health.

Xurve View

Job vacancies in Australia rebounded to their highest level in more than a year during the February quarter, signaling continued strength in the national labor market. Data released on Thursday by the Australian Bureau of Statistics (ABS) revealed that vacancies rose by 2.7% in the three months to February, building on a revised 0.5% increase in the preceding quarter.

A sales assistant is seen through the window of a retail store displaying a job vacancy sign in Sydney. REUTERS/Steven Saphore/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.