Job advertisement series - Economics and Markets Research

Job advertisement series

The ANZ job advertisement series measures the number of jobs advertised in the major daily newspapers and Internet sites covering the capital cities each month.

It has historically proved to be a very good indicator of future labour market conditions and thus, is extensively relied upon for forecasting employment growth.

The April 2003 edition of the Australian Bureau of Statistics publication, Australian Labour Market Statistics (catalogue no. 6105.0), presents the results of an analysis of leading indicators of employment growth over the period 1984 to 2002.

While most of this analysis focuses on the ABS' own job vacancies series, the study also concludes that ANZ (newspaper) job advertisement series leads peaks in employment growth by one to three quarters, and troughs in employment by zero to two quarters. The ABS analysis finds that the ANZ job advertisement series has a correlation coefficient of 0.75 with employment growth at a lead period of three quarters.

In this presentation, given to the PANPA newspaper advertising forum in April 2005, economist Katie Dean overviews the history and success of the ANZ job advertisement series and considers recent challenges the series has faced.

ANZ Job Advertisements - Release Dates 2010
For data covering: ANZ release dates
December 2009 Mon 11 January 2010
January 2010 Mon 1 February 2010
February 2010 Tues 9 March 2010
March 2010 Tues 6 April 2010
April 2010 Mon 10 May 2010
May 2010 Mon 7 June 2010
June 2010 Mon 5 July 2010
July 2010 Mon 9 August 2010
August 2010 Mon 6 September 2010
September 2010 Tues 5 October 2010
October 2010 Mon 8 November 2010
November 2010 Mon 6 December 2010

Data enquiries:

Andrew Dowman, Economics Analyst

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Ph: 03 9273 6881

Distribution enquiries:    

Vanessa O’Shaughnessy, Media Relations Manager

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Ph: 03 8654 3651

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