FED:Joblessness to rise this year: ANZ

AAP General News (Australia)
01-16-2012
FED:Joblessness to rise this year: ANZ

SYDNEY, Jan 16 AAP - Australia is set for a higher rate of unemployment in 2012, new
figures show.

The number of job advertisements on the internet and in newspapers fell 0.9 per cent
in December compared with the previous month, ANZ said on Monday.

Total job ads were 2.6 per cent lower than in December 2010 - the first negative annul
growth rate since February 2010.

ANZ also reported a fall of 0.8 per cent in the trend measure of total job ads in December.

The bank's head of Australian economics Katie Dean said this "points to, at …