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Speaker 1: Our job market. What can we see while we have surprises?

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Speaker 1: July adds are up three percent, and that means they're

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Speaker 1: up for the first time since January. Listing's up three percent,

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Speaker 1: nearly one and four of those jobs. By the way,

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Speaker 1: we're in retail, closely followed by government and defense. Seek

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Speaker 1: Country manager Rob Clark is with us. Rob, very good

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Speaker 1: morning to you.

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Speaker 2: Good morning.

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Speaker 1: At first, blush, this all seems a bit weird. Is

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Speaker 1: the three percent a blip for a month or does

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Speaker 1: a summer of jobs come calling?

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Speaker 2: I wouldn't quite call it a trend yet. What we

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Speaker 2: do see is the trends are still firmly downwards. But

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Speaker 2: in July, yes, we saw a monitoring increase off the

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Speaker 2: back of what it was particularly weak results in June

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Speaker 2: and May.

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Speaker 1: Okay, so twenty percent plus of the jobs in retail.

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Speaker 1: How do we explain this when no one's going shopping.

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Speaker 2: Yeah, so we think a lot of that is for

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Speaker 2: gearing up for the summer season. So it's an anticipation

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Speaker 2: of perhaps increased activity, just as we've seen in hospitality

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Speaker 2: and tourism, which is also peaked all spiked in the

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Speaker 2: July results.

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Speaker 1: Can you see light at the end of the This

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Speaker 1: is an increasingly oft used phrase of late light at

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Speaker 1: the end of the tunnel. RB's moved. Interest rates are moving.

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Speaker 1: Is there something in the job market to see here?

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Speaker 2: Well, look, we're always hoping for optimism, and you know,

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Speaker 2: whilst this isn't a trend, it's encouraging at the very least,

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Speaker 2: and we've seen some other sort of macroeconomic indicators that

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Speaker 2: are perhaps slightly brighter than we've seen in the past.

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Speaker 2: But you know, we don't want to be too hopeful

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Speaker 2: because we just need to look at the long term

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Speaker 2: trend to see that it has been down traveled down

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Speaker 2: quite significantly over the last little while. So we're hopeful,

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Speaker 2: but we're not out of the woods yet.

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Speaker 1: How variable is the regional story.

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Speaker 2: We do get variation in the regions. It was pleasing

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Speaker 2: to see that, you know, most of the regions were

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Speaker 2: up in July, and particularly in areas like construction. But

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Speaker 2: we do see some bounce. So if you remember last month,

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Speaker 2: South and was up and this month it's down, So

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Speaker 2: we do see a bit more bounce in the regions.

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Speaker 2: But the urban center's reasonably strong, low single digit growth

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Speaker 2: in July.

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Speaker 1: OK about the magic ads per job or applications.

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Speaker 2: Per read still very very competitive if you are a

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Speaker 2: job seeker. There are still sixteen thousand jobs on Sikh,

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Speaker 2: so you know there's still a decent number of jobs,

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Speaker 2: but just the number of people applying per job is

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Speaker 2: at all time high, so it's pretty competitive.

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Speaker 1: Good on you, Rob, Nice to catch up. Rob Clark,

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Speaker 1: who is the Seekh country manager with us this morning.

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