Australian Job Ads

ANZ-Indeed Australian Job Ads rose 1.8% m/m in May, though the series remains 2.0% below its February peak. Analysts expect job ads to trend lower as restrictive interest rates slow the broader economy.

Key Takeaways

• 1.ANZ-Indeed Australian Job Ads rose 1.8% m/m in May 2026, reversing part of a 3.7% decline over the previous two months.
• 2.Despite the monthly gain, the broader labor market is showing signs of cooling with April unemployment rising to 4.5%.
• 3.Job Ad growth was broad-based across states, with Western Australia and Queensland (mining states) remaining top performers over the past year.

Table of Contents

• Small up-tick in May
• Contributors
• ANZ Economist, Madeline Dunk, commented:
• Indeed Senior Economist, Callam Pickering, commented:
• Charts
• Appendix
• Important notice

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial