Hiring activity continues to slow as recession starts to bite
Job ad volumes fell for the third consecutive month.
Source: nzherald.co.nz
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Job ad volumes fell for the third consecutive month.
Job ads have fallen for a third consecutive month as the labour market faces growing headwinds.
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'Perceptions about the availability of jobs were the biggest contributor to the fall in confidence'
Average advertised salaries in New Zealand grew by 4.7% in the May 2023 quarter when compared to the May 2022 quarter, the fastest annual growth recorded in the Seek New Zealand Advertised Salary Index (ASI), with data that begins in 2016.