The ANZ job ad series released promising numbers yesterday morning, indicating a 1.4% rise in job adds in March. This came after a 4.7% increase in February.
This comes when unemployment in the ACT fell to 3.8% in January, which when combined with the job ad figures gives some hope in the market.
I can’t help but wonder how ‘real’ these figures are on the ground though when everyone I seem to speak to in Canberra is touched by the current Federal Government cuts in some way, whether it be through their private business, loss of their own job or having their existing role ‘pick up the slack’ as they take on the responsibilities left homeless thanks to the cuts.
Given the latest announcement that the Department of the Environment is set to lose 480 jobs in the next 3 years (with 250 to be axed before the end of the year), are these job ad figures relevant to us in the Territory? How prosperous are we really feeling?