Unemployment rate set to hold as job ads flatten out - ANZ

Thu, 17 Jan 2013

Jan. 17 (BusinessDesk) - ANZ has predicted an unemployment rate of about 7 percent for the next six months, as job advertisements experience an only slight rebound. The total number of advertisements in newspapers and online rose 0.4 percent (seasonally adjusted) in December, according to ANZ's New Zealand Job Advertisement series. Advertising for Wellington jobs hit a three-year low in December, and advertisements in Canterbury fell to a six-month low. Job advertising in Auckland rose slightly in December after dropping for the previous five...

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