Australian job-vacancy advertisements slumped in November for a seventh month, led by a record drop in newspaper notices, as employers pared hiring plans amid concern the economy may enter a recession.
Jobs advertised in newspapers and on the Internet plunged 8.6 percent last month to an average of 211,199 a week, after falling 5.9 percent in October, according to an Australia & New Zealand Banking Group Ltd. report released in Melbourne today. Newspaper ads fell over the last two months ...