Job ads fall further in October

Last updated 10:54 15/11/2012

Related Links

Shock rise in unemployment to 7.3pc

Relevant offers


Petroleum industry says interest to drill off Canterbury strong Residential Development Council aims to influence housing policy Airways remains cagey on what caused air traffic control failure Report highlights Cawthron Institute's scientific and economic success Maori Fisheries Trust cynically ignored in Kermadec plan, leaders say 'Record' cruise season kicks off but fears remain over border clearance levy Solid Energy proposes the closure of Huntly East mine Australian accounting body to pay costs in NZ defamation case NZ dollar rises above US66c, outperforms US after dairy auction Government off course in Kermadecs, says tuna fishing leader Charles Hufflett

Job advertisements were weak again in October, after falling in September, despite a rebound in newspaper ads.

The ANZ job ads series which sums both newspaper and internet ads fell 0.8 per cent in October, after dropping 3 per cent in September.

However, the figures showed newspaper job ads rebounded 5.7 per cent in October, recovering much of the ground lost in September.

Internet job ads dipped 2 per cent in October, adding to a 2.5 per cent drop in September.

ANZ said the job ads had been trending down since the middle of last year and suggested that unemployment would stay around 7 per cent in the next six months.

Unexpectedly grim figures out last week showed unemployment worsened to 7.3 per cent in the September quarter. The number of unemployed rose by 13,000 in the three months to September 30.

Ad Feedback



Special offers

Featured Promotions

Sponsored Content