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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NEW ZEALAND
SEEK job ad data show that the labour market has eased considerably as demand for labour slows at the same time as labour supply rises. New job ads fell 2.6% m/m in February, they have now fallen five of the last six months with the weakness concentrated in the cities. Ads are now down 26.7% y/y to their lowest level since the pandemic-affected October 2020. The number of applicants per job seeker rose 3.2% m/m in January to its highest since the series began in 2008 and three times the February 2019 level. Construction saw the largest decline in job ads while they rose in healthcare.
NZ SEEK new job ads 2013=100
Source: MNI - Market News/SEEK
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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