Gość: WallSt
IP: *.3.252.64.snet.net
06.11.01, 02:31
Tuesday November 6, 09:05 AM
Jobseekers competing for fewer jobs, survey shows
The Reserve Bank of Australia board meets today but is not expected to change
interest rates during the election campaign.
The board will meet to consider interest rate settings but experts say it is
unlikely to initiate change with less than a week left of the election campaign.
"The RBA will try to be seen as apolitical as possible," Deutsche Asset
Management senior economist Matthew Drennan said.
Meantime, there is more evidence jobseekers have faced a tougher time finding
work with a new survey showing vacancies fading to a four-and-a-half year low.
The ANZ Job Ads survey released yesterday found advertised vacancies fell
another 2.2 per cent in October to their lowest level since March 1997.
The survey backed the latest official measure of skilled vacancies which found
there were 9.6 per cent fewer openings for professionals, associate
professionals and skilled tradespeople than a year ago.
Labor's treasury spokesman Simon Crean has warned that Australia faces a
rapidly worsening jobs crisis but the coalition's employment policy, launched
last Friday, contained no new measures or funding.
ANZ chief economist Saul Eslake said the bank's survey indicated Australia's
unemployment rate would hit 7.25 per cent in the March quarter next year.