Continu: Trade War and Job Advertising

continu: But Wednesday's new figures came as Reserve Bank governor Philip Lowe reportedly warned the trade war between the US and China poses the single greatest threat to the global economy, according to Nine News Australia. Federal employment department data showed job advertising on the internet rose for the first time in seven months, although demand in the nation's biggest state, NSW, continued to nose-dive. To improve your experience update it here News National Pick-up in worker demand apart from NSWBy AAP3 11pm Aug 21, demand for workers and a signal of improved Australian economic activity later this year have provided some encouraging signs at a time of a deteriorating global economy. Job ads overall rose 0.4 per cent in July, but remained 5.5 per cent lower over the year. However, the once powerhouse of the labour market, NSW, job ads fell by 0.8 per cent to be 11.7 per cent down on a year earlier. The latest data is encouraging, suggesting that the economy is starting to shed the pre-election weakness, Commonwealth Securities chief economist Craig James said. (news.financializer.com). As reported in the news.