Seek (ASX:SEK) share price lifts as jobs ads reach 12-year high

The SEEK Limited (ASX: SEK) share price is continuing its upwards trend today following the release of Australian job advertisement data for March. At the time of writing the job marketplace provider’s shares are trading 3.16% higher at $29.75 a share.

Highest Job ads since post-GFC

On a day for good news, the Australia and New Zealand Banking GrpLtd (ASX: ANZ) reported another strong gain in job ads for the month of March. Reportedly, job advertisements in Australia increased by an additional 7.4% month-on-month, or 39.7% compared to this time last year.

As a result, job ads have hit a 12-year high – with the number reported not seen since November 2008. At that time Australia, and the world, was climbing out of the global…