Bad time for job seekers with job ads at lowest level in 7 years

Job seekers face a dire situation. (Image: DepositPhotos)

Tue, 16 Jan 2024

Job advertisements have fallen to their lowest level since January 2017, according to an analysis of Seek New Zealand data by Bank of NZ economists. New job advertisements on Seek were down 24.5% in December 2023 compared to the previous year. The bank's researchers, headed by chief economist Stephen Toplis, said advertisements had fallen 37% since their peak in August 2022."Another way to look at it is that ads are now at their lowest since January 2017 if you exclude the covid lockdown experience."The ba...

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