I’m amazed Republic Resumes has any resume clients with the bad April job advertisement figures from the ANZ. We’re busy because canny applicants knows there are jobs around but they’re not always advertised. The story below is from AAP.
Job advertisements suffered their largest ever fall in April as strict social distancing rules and business closures to combat the coronavirus all but crushed demand for labour.
Figures from ANZ showed total job ads plunged 53.1 per cent in April, compared to a 10 per cent drop in March.
The fall is almost five times larger than the previous record of 11.3 per cent in January 2009.
Job ads averaged just 63,806 in April, down from 136,106 in March and 62.2 per cent lower from a year ago.
Economists fear unemployment could spike toward 10 per cent in coming months as large chunks of the economy were shut to fight the virus.
Using a different measure (Seek), in April, job ads were down 65 per cent compared to the same time last year.