Fed: Job vacancies rise 14.9pc in Feb qtr - ABS
New figures show job vacancies jumped 14.9 per cent in the three months to February-- showing surprising strength in the jobs market.
The Australian Bureau of Statistics says job vacancies were 22.2 per cent higher thanthe same time last year, allowing for seasonal influences.
The rise is a return to positive territory after vacancies fell 3.5 per cent the previousquarter.
It follows a fall in the unemployment rate to six per cent in February, the equal lowestrate in 13 years.
Markets have been expecting another fall in ABS jobs vacancies in line with an expectedweakening in jobs growth over 2003.
The ABS figures are based on direct surveys of firms and not newspaper advertisements.
AAP RTV kmh/sb/dl/jas
KEYWORD: JOBS (CANBERRA)
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