Job listings down but confidence improving, Westpac and Seek data suggests

Job listings down but confidence improving, Westpac and Seek data suggests
Jobs seem harder to find but workers are feeling more confident about their job security. (Image: Pool)
Gregor Thompson
Seek’s employment report from February and Westpac’s quarterly jobs survey indicate the labour market is softening.As applications per job rose 3%, ads declined 3% from January to February and are now 15% lower than in February 2019, according to Seek.“With job ads lower than pre-covid and applications per job ad significantly higher, the market is incredibly competitive for workers applying for new roles.”The steepest decline was in Manuwatū, with a 24% drop in month-on-month job ads. In contrast, listings in...

More Economy

Business gloom offers inflation hope
Economy

Business gloom offers inflation hope

The New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion shows a continued deterioration in business confidence in the second quarter.A net 35% of firms expected a deterioration in the general economic outlook over the coming months on a seaso...

Staff reporters 02 Jul 2024
Independent costings needed for tough political decisions
Economy

Independent costings needed for tough political decisions

The time is now for an Independent Fiscal Institution.

Cameron Bagrie 01 Jul 2024
Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Gregor Thompson 01 Jul 2024