
Figure that gauges the availability of employment in the New Zealand job market by comparing job advertisements to employment. When the Job Vacancies figure is low it suggests a tighter job market where more people are chasing relatively fewer positions. An increasing number is an early indicator for employment growth and economic expansion. Firms advertise for additional employees to increase output, thus this has an obvious correlation to economic growth. As more people are hired higher consumer expenditures can also lead to inflationary pressures. The headline value is the number of job advertisements divided by the number of employed individuals in the New Zealand job market.
Relevance :
Moderate market impact
Release schedule : 13:00 (GMT); quarterly, 6 weeks after the reporting period
Source of report : Australia and New Zealand Banking Group Ltd. (ANZ)
Web Address : http://www.anz.com
Address of release :
http://www.anz.com/nz/about/media/newslibrary.asp-?ANZ_Job_Ads
http://www.anz.com/nz/about/media/newslibrary.asp?ANZ_Job_Ads
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