** Citi says online employment marketplace Seek's SEK.AX May employment report shows ongoing moderation in the decline of new job ad volumes in Australia
** Adds, although NZ data is pending, Australian job ad volumes for 2H25e to date are down 8%, aligning with their forecast ANZ decline
** Brokerage sees rate cuts positively for job ad volumes; however, mixed signals lead to a forecast of 1% YoY growth volume in FY26e
** Stock up 5.9% YTD as of last close
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))
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