Internet job ads hit three-year high

The number of Internet job ads in Australia is at its highest level in three years, according to the latest Olivier Internet Job Index.

The index averaged 33,920 more jobs in February than it did in January.

Olivier Group director Robert Olivier said the 114,279 jobs counted in February is well above the high of 2003 and is the best since April 2001. He said if the Reserve Bank of Australia decides against another rise in official interest rates when it meets tomorrow, the optimistic trend is set to continue.

After three years of pain, IT&T job ads rose 21.93 per cent in the three months, possibly allaying fears of jobs being exported.

After a very flat 2003, graduate ads - up 83 percent on 12 months ago - were nearly double this time last year.

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