The Guardian

Seek reports ‘significant reduction’ in job advertisements amid Australian recession fears

Seek reports ‘significant reduction’ in job advertisements amid Australian recession fears



Job listings portal’s revenues plunge and CEO says paid ad volumes expected to keep falling this financial yearFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe job listings portal Seek has flagged a “significant reduction” in job advertisements, sparking hot competition for a dwindling number of roles.Revenue derived from Seek’s Australian and New Zealand operations dropped 8% to $840m over the financial year as ad volumes fell 20%.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…



Source link : https://www.theguardian.com/business/article/2024/aug/13/seek-job-ad-declines-australia-recession

Author : Jonathan Barrett Senior business reporter

Publish date : 2024-08-13 02:58:08

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