Job ads fall further in October

Last updated 10:54 15/11/2012

Related Links

Shock rise in unemployment to 7.3pc

Relevant offers

National business

Intel employee paid friend to call in bomb threat so he didn’t have to go to work Xero founder Rod Drury cashes in $20m of Xero shares iPredict to close after Govt refuses anti-money laundering law exemption Revealed: The highest paid public servants Mitre 10 ends Mr Mega without even a goodbye - Vaoga Successful New Zealanders celebrated at Moet event Hamilton city councillors vote down one-way door plan The multi-million dollar homes built inside historic Auckland church Seven days of sevens rugby festival for Wellington rugby series Lecturer claiming cyber-bullying takes objection to ERA investigator

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