Job ads up in print but still in doldrums

NEW figures show job ads continuing their downward trend in Australia – providing not only a macro economic indicator but also an emphasis on why newspaper companies have become focused on their cost lines.

Australian job ads fell 7.5 percent online and in print in April compared with the previous month, according to a survey by the ANZ Bank. Vacancies are 48 percent down on this time last year.

However, there was a slight swing back towards newspapers, with print media gaining 3.1 percent on its March performance, while the Internet shed 8.1 percent.

Newspaper ads are still well down, however. ANZ Bank said its survey showed a percentage drop of almost 60 percent.

The best performers were Tasmania, which had a 17.7 percent growth and the Northern Territory (9.3 per cent). Of course, these two come off much lower bases than the others because of their sizes.

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