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

House of Travel, Nakedbus drop 'opt-out' pricing: Jetstar still defiant Sir John Todd, head of one of NZ's richest families, dies Briscoes forecasts record half year profit NZ dollar seen falling to GFC levels if US hikes rates Zara dips toe in NZ waters, a full store may follow Hamilton CBD goes online 23,000 new Canterbury homes approved since quakes New Jetstar service from Wellington to Dunedin, more summer trans-Tasman seats US dairy industry to gain most from TPP deal Gentrack boss James Docking to step down next year

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