Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ANZ Job Ads - July 2000

Data Flash (New Zealand)

ANZ Job Ads - July 2000

Key Points
The number of job ads rose by a seasonally adjusted 3.3% mom in July. Total job ads were 8.1% higher than in July 1999.

The less volatile trend series rose by 0.3% mom, which continues the gradual acceleration in trend growth that has occurred since April.

The number of job ads continued to fall in Auckland, although the rate of decline is slowing. Strong growth was recorded in Wellington and the South Island.

These data, which follow the encouraging Q2 retail trade figures, confirm our view that the economy is not as weak as recent confidence surveys may have suggested. However, similar to the retail trade data, significant regional disparities are apparent in the job ad figures. Job ads, together with a firm trend in tax revenues on labour income, also point to a consolidation in the labour market - contrary to survey information that suggests a continued decline in employment in response to changes to the industrial relations framework.

ANZ Job Ads (All NZ)Trend

Month of:::::::::::::S.A.:::: Actual
:::::::::::: mom% mom%:::: yoy%
Feb-00::::::::-0.2::::5.0:::: +18.3
Mar-00::::::::0.0:::: 0.3:::: +17.1
Apr-00::::::::0.1::::-6.8:::: +7.0
May-00::::::::0.2:::: 6.5:::: +9.9
June-00:::: 0.2::::-1.9:::: +6.7
July-00:::: 0.3:::: 3.3:::: +8.1

Source: DB Global Market,s Research, ANZ Bank
Ulf Schoefisch, Chief Economist, New Zealand,

This, along with an extensive range of other publications, is available on our web site

In order to read our research you will require the Adobe Acrobat Reader which can be obtained from their website for free.

For answers to your EMU questions, check Deutsche Bank's EMU web site or email our helpline

© Scoop Media

Business Headlines | Sci-Tech Headlines


Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark… More>>


Cut Before Using: Australian Strawberries Withdrawn

Needles were found in a punnet of strawberries sourced from Western Australia, which was bought in a Countdown supermarket in Auckland. The Choice brand of strawberries was sold nationwide last week. More>>


"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>


Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>