Australian Jobless Rate to Steadily Fall to ‘Low Threes’: Job Ads Report Suggests

Employees maintain Covid-19 safety at Chadstone The Fashion Capital in Melbourne, Australia, on Dec. 26, 2020. Naomi Rahim/Getty Images

New job advertising data indicated that Australia’s unemployment rate was likely to stay in the “low threes” until the end of 2022.

According to an ANZ report, the average total number of job ads in Australia rose 0.4 percent to 245,891 in March after experiencing a 10.9 percent growth in February.