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


Reserve Bank: Monetary Conditions Tighten By More And Sooner

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.0 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability... More>>

The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>

NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>

Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>

Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>

Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>