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BNZ/SEEK Employment Report: 2020 Ends On Creditable Note

NEW ZEALAND

The latest BNZ/SEEK employment report noted that "job advertising maintained its creditable recovery into the end of 2020. Its seasonally adjusted gain of 3.0% for December brought the level of ads to about where they were at the end of 2019. This gave a sense of near full recovery from the depths of March/April 2020, when COVID-19 lockdowns were in the extreme. As for the previous peak in job ads, however, this occurred in the first half of 2019. This is a reminder that job advertising was already tailing off a bit over the latter half of 2019, well before COVID-19 came into view."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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