Original article by Rachel Baxendale, Elizabeth Redman
The Australian – Page: 2 : 11-Jan-18
Data from the Australian Bureau of Statistics shows that there was 2.7 per cent growth in job vacancies in the three months to November 2017, and 16.1 per cent growth in the year to November. The annual growth in job vacancies was the strongest in seven years, while Australia recorded its strongest growth in new jobs for more than 12 years. Meanwhile, there was 17.2 per cent growth in private sector job vacancies over the 12 months, compared with 4.9 per cent growth in public sector job vacancies. Economists forecast that wages will begin to rise in 2018.
AUSTRALIAN BUREAU OF STATISTICS, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED