Australian job ads rise 3.2% m/m in February, ANZ-Indeed data shows

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March 1, 2026 8:05 PM EST

FILE PHOTO: A sales assistant is seen through the window of a retail store displaying a job vacancy sign in central Sydney, Australia, December 5, 2016. REUTERS/Steven Saphore/File Photo

SYDNEY, March 2 (Reuters) - ‌Australian job ​advertisements ​rose for a second straight month in February to the highest level in 16 ‌months, private-sector data showed on Monday, adding to ⁠signs that the labour market remained healthy at the start ‌of the new year.

The ‌Reserve Bank of Australia raised interest rates by a quarter point to 3.85% last month as ​inflation reaccelerated after three rate cuts last year. The jobless rate remained surprisingly low at 4.1% ⁠and was one reason that markets are wagering on another hike in ​May, which is priced at 77%.

KEY DETAILS

• The number of job ads rose 3.2% ​in February from January, when ‌they gained by an upwardly revised 5.2%, data from Australia and New Zealand ⁠Banking Group and employment website Indeed showed.

• It marked the first back-to-back monthly gains since October 2024 and took ⁠the series to the highest level since then. For the ​year, job ads in February were 2.3% higher than in 2025, and remained 16.6% higher than pre-pandemic levels.

• "The New Year ‌has coincided with renewed hiring vigour across the country," said Callam Pickering, a ‌senior economist at Indeed, noting that job vacancies for ⁠nurses rose to ‌their highest level in ​almost two years and management opportunities also surged.

(Reporting by Stella Qiu; Editing by Jamie ‌Freed)


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