January job ads give no sign of improvement

Last updated 10:32 21/02/2013

Relevant offers

Industries

Why faking your CV is a popular pastime Pager network to be switched off in 2017 TPP may force New Zealand to amend software patent law Shanton rescued, but another fashion store Identity in liquidation Rocket Lab signs deal to work with Nasa FMA sues former Milford Asset Management portfolio manager PWC says Australian GST move makes level-playing field in retailing more likely Oracle called time on fruitless dalliance with Inland Revenue Don't blame us, blame the traders: Property Investors Federation Sir Peter Talley predicts grim future for jobs, education

Internet and newspaper ads fell 1.5 per cent in January, after a 0.4 per cent lift in December, according to the ANZ Job Ads survey.

Newspaper job ads are rising in Wellington, Hawke's Bay, Manawatu and Auckland, but are falling in Canterbury, Otago and Waikato. Nationally, the number of newspaper job ads rose 0.4 per cent in January, seasonally adjusted.

But that was offset by a 1.8 per cent fall in internet job ads, with online job ads down in Auckland and Wellington, but up slightly in Canterbury.

The composite index for total job ads, which puts more weight on newspaper ads, fell 0.7 per cent in January to be down 6.4 per cent on a year ago.

ANZ said that continued to suggest an unemployment rate sticking around the 7 per cent mark in the next six months.

The labour market remained the "missing in action" ingredient for a sustained economic upturn to take hold.

Official unemployment remains high at 6.9 per cent. In The December quarter, the number of people employed slumped 23,000, down 1 per cent. 

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content