SYDNEY, Sept 4 Reuters Australian job advertisements for August jumped the most in over a year, suggesting some resilience in labour demand despite decadehigh interest rates and still elevated inflation, data showed on Monday.

Data from Australia and New Zealand Banking Group and employment website Indeed showed job ads rose 1.9 in August from July, the biggest increase since June 2022. That compared with an upwardly adjusted 0.7 in July.

Ads were, however, down 7.7 yearonyear earlier, but remained 52.2 above prepandemic levels.

Reporting by Stella Qiu; Editing by Kim Coghill

Source Reuters