Australia Job Ads Slip 0.2% in June as Hiring Stays 28% Below 2022 Peak
Updated
Updated · TradingView · Jul 3
Australia Job Ads Slip 0.2% in June as Hiring Stays 28% Below 2022 Peak
3 articles · Updated · TradingView · Jul 3
Summary
ANZ–Indeed job ads in Australia fell 0.2% in June, reversing an upwardly revised 2.0% rise in May and marking the third monthly decline of 2026.
Higher borrowing costs are cooling labour demand, with ANZ expecting elevated rates, a softer housing market and geopolitical uncertainty to further curb vacancies and gradually lift unemployment.
Retail, food preparation and management showed the weakest demand, while hiring for nurses and real estate roles provided some offset; logistics vacancies stabilised but driver demand kept weakening.
Job ads were still 0.5% higher than a year earlier, 15% above their decade average and above pre-pandemic levels, though they remain about 28% below late-2022 peaks.