Job ads fall further in October

Last updated 10:54 15/11/2012

Related Links

Shock rise in unemployment to 7.3pc

Relevant offers

Industries

BNZ seeks mortgagee sale of Abel Tasman beach owner's $1.6m Wellington home Waitangi weekend drew out the shoppers Reclusive rich-lister John Spencer was once NZ's richest man Gareth Morgan critical of crowd-sourced Abel Tasman beach campaign Mummy blogger Heather Armstrong says 'real voices' being silenced online Animal rights group SAFE calls on Countdown to dump cage-farmed eggs Cloud security broker ThisData helping businesses stay safe in the cloud Ask the Expert: Asking friends for business investment NZ Post announces new vehicle purchase to keep up with changing consumer demands It's time to ban sunbeds, Consumer NZ says

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

- BusinessDay.co.nz

Comments

Special offers

Featured Promotions

Sponsored Content