Australian Newspaper Ads Down Again: Westpac

Australian Newspaper Ads Down Again: Westpac

  • Posted Sunday, January 11, 2009 -
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Newspaper job ads fell 13.9 percent in December following a 12.0 percent fall previously, continuing their rapid downtrend for the 14th consecutive month, observe the analysts at Westpac. Trend growth rates for newspaper ads were -7.6 percent/month and -44.0 percent/yr. Internet job ads fell 9.5 percent after an 8.4 percent fall previously, leaving their trend negative for the ninth consecutive month at -4.9 percent/month and -21.7 percent/yr. The net result was a 9.7 percent fall in total job ads after an 8.6 percent fall previously, their eighth consecutive drop.view original article

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