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Australia's Job Ads Fall in March

-- Job advertisements in Australia in March fell 0.4% month on month, 1.3% quarter on quarter, and 2.9% year on year, according to data published by Seek on Thursday.

Job ads have declined at the same pace since September, while applications per job ad slipped 0.4% month on month.

Hiring activity slowed on a monthly basis across the eastern seaboard, but grew in Western Australia by 0.4% and in the Northern Territory by 0.2%.

Western Australia is the only state or territory where ad volumes have grown annually, up 1.6%.

Job ad volume rose in five industries month on month, led by mining, resources, and energy, up 1.7%, engineering, up 1.4%, and consulting and strategy, up 0.6%.

Annual growth in hiring was restricted to resources, trades, and infrastructure-related industries, with engineering leading at 7.9%.

References to artificial intelligence-related skills within job ads have risen past 75% year on year.

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