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SYDNEY, June 6 (Xinhua) -- Job advertisements in Australia surged in May, up 2.4 percent, according to figures released by ANZ on Monday.
Ads were also up 9.1 percent on the year to May.
The number of job ads online in May rose 2.6 percent, while those in newspapers fell by 12.6 percent.
"After six months of broadly flat job ads, the strong rise in ads in May is encouraging," ANZ head of Australian economics Felicity Emmett, said.
"Despite some ongoing headwinds, the economy is tracking along quite well and the transition to non-mining activity is occurring."
Emmett noted the rise in job ads was consistent with the strength in business conditions, which pointed to ongoing solid growth in the economy.
"Last week's strong Q1 (March quarter) GDP (gross domestic product) report shows that the non-mining economy is gaining traction, with housing and the services sector key drivers of this strength," she said.
"These sectors are also clearly helping to support jobs growth."
She said however that despite the recovery in activity, wages growth remained low.
"Ongoing weak wage growth has helped to support solid employment gains over the past year or so and is likely to continue to do so," Emmett said.
"But very low growth in labor costs is feeding through to very low inflation."
Emmett noted that with inflation set to stay outside the Reserve Bank of Australia's target band until at least mid-2017, she expects to see another cut in the cash rate in August to a low of 1.5 percent.
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RIO DE JANEIRO Josh Rosen Jersey , Jan. 23 (Xinhua) -- Brazil great Kaka said Tuesday that Philippe Coutinho's move to Barcelona will allow the playmaker to vie for football's top individual awards.
Coutinho joined Barcelona this month after the Catalan club agreed to pay Liverpool 160 million euros to sign him on a five and a half-year contract.
""I think it was a great signing for Barcelona,"" Kaka said in a discussion with former Brazil teammate Ronaldo broadcast on social media.
""He isn't the best player in the world yet but he has a lot of quality. He has what it takes to dominate, and then fight for individual awards.""
Ronaldo David Johnson Jersey , like Kaka a former winner of the Ballon d'Or awarded annually to the world's best player, also lavished praise on the 25-year-old, who scored 54 goals in just over 200 games for Liverpool.
But the 1994 and 2002 World Cup winner said the former Vasco da Gama playmaker was still some way from being the world's best player.
""He's going to have a lot of competition within Barcelona. But it's going to be great to see him play with [Lionel] Messi and to see another Brazilian stand out for Barcelona. I don't know if he's going to in for the Ballon d'Or but without any doubt he's an incredible talent.""
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