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

Sharper fashions in Postie's future Workers' complaints withdrawn - claim Weaker dollar helps boating industry Old-school recipe for modern life Acoustic guitars provide sound of success for solo act Ryman establishes itself in Australia Solar subdivision 'still on track, but delayed' Economic reform on agenda Outrage over Kiwi wine subsidies Westpac KiwiSavers lose default status

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