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UNEMPLOYMENT is placed to drop more with the number of job opportunities climbing to record levels, fuelling speculation of another interest rise.

National job openings in the 90 days to August rose 2.9 %, seasonally adjusted, according to the Australian Bureau of Statistics.

Work openings rose by 11.9 per cent in the year to August.

CommSec shares economist Martin Arnold said with job vacancies now at a record high, the unemployment rate was set to drop below 4 per cent - from its present 4.3 per cent - as business conditions inspired businesses to get more staff.

"The Australian economy is taking strong growth and business conditions are practically just like they get," he explained.

The potency of the economy light emitting diode a frustrated John Howard to say the general public was failing continually to provide the government credit for economic management.

"I think there is a view in the neighborhood... Probably a significant number that, for somehow or still another, our economic strength and our economic stability and growth is occurring naturally, that the economy is on autopilot," the Prime Minister told a forum at Ocean Grove on the Victorian coast yesterday.

He explained this was one of many reasons why the government was faring so poorly in the public opinion polls: "I think individuals are needs to get the Australian economy for granted."

Seasonally-adjusted job openings totalled 172,700 in the three months to August.

Mr Arnold said there were fewer than three unemployed people for each job, the cheapest level on record.

Company companies has been one of many best development areas, with 45,200 opportunities, 28.4 per cent greater than a year before.

The amount of jobs vacant in the communications industry has more than doubled to 2800 in exactly the same period.

There clearly was strong demand for labour in the development, retail trade and transportation sectors.

Parts that be seemingly less desperate for staff include food, adventure and personal services.

People sector is continuing to expand, with how many vacant jobs 11.8 per cent greater than this past year.

In the year to August, job vacancies in the growth state of Western Australia were up by 31.8 per cent, unadjusted, adopted by the ACT, that was up 31 per cent.

Only Queensland had a drop, with year-on-year vacancies down 3.3 %.

Matthew Johnson, the senior economist at specialist ICAP, said the increase in jobs opportunities should produce employment growth in excess of 2 %.

"This suggests that unemployment will probably drop lower, and that everybody else from the Reserve Bank down will continue steadily to worry about wage-push inflation," he explained.

High job vacancies and low unemployment is a traditional recipe for inflation, with a limit to how many jobs could be filled.

There has, so far, been no evidence of wage inflation, with the average cost of work rising broadly in line with prices in the economy. The following inflation numbers are published on October 24.

UBS key economist Scott Haslem said the growth in job vacancies would donate to higher inflation in the last months of 2007. He predicted the Reserve Bank would raise interest levels in February 2008 to prevent inflation planning above the RBA's 3 percent target range.

But Mr Arnold said the increase in labour supply, originating from experienced migration, would not make earnings difficulties. bookies