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.

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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
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