ANZ Australian Job Ads1 declined 0.5 per cent m/m in July, the first fall in 14 months, but it is still up 35 per cent on the pre-pandemic level. This reinforces our expectation that the impact of NSW's lockdown on employment and the unemployment rate will be limited, noting downside risks rise the longer lockdown continues.

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 03 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 09:55:36 UTC.