Job advertisements in Australia rose by 39.1% in June 2021 on a seasonally adjusted basis when compared to the pre-pandemic month of January 2020, according to data from ANZ Bank.

When compared to the previous month, job ads rose 3.0%, hitting a record of 13 consecutive monthly gains.

The total number of job ads in June stood at 211,854.

“The 3.0% month-on-month rise in ANZ Job Ads in June suggests there is more improvement to come in the near term, despite lockdowns,” ANZ Senior Economist, Catherine Birch said.

“The recent lockdown in Victoria and current lockdowns in Greater Sydney and surrounding areas and parts of Queensland, Western Australia and the Northern Territory will limit further labour market improvements in June and July, but do not derail our positive outlook, as long as restrictions ease as planned and states avoid extended lockdowns,” Birch continued.

“Recent history shows that workers laid off or stood down during lockdowns tend to be reinstated or find new jobs quickly once restrictions lift, given the underlying strength in the labour market and overall demand,” Birch said.

“While closed borders are accelerating labour market tightening and should mean wages growth accelerates faster than it would otherwise, we think the robust recovery and expansion in demand will continue to be the key driver of employment growth and lower underutilization,” Birch added.