Job ads are down 22 per cent over the past 12 months,falling again in May in a sign of the impact of higher interest rates on the economy.Credit:Tamara Voninski
SEEK Australia New Zealand managing director Kendra Banks said that while jobs had dropped marginally,they were still above their pre-COVID levels – even despite a tough economic outlook.
“The market continues to show signs of stabilising after periods of rapid growth and decline shaped the labour market last year,” she said.