New Zealand job advertisements increased at a slower pace in October, data from ANZ Bank showed Thursday.
Job ads grew 0.6 percent month-on-month in October following September's 1 percent increase. Reflecting a broad upswing in labor demand, the ANZ job ads series has not fallen in any month in 2016.
On a rolling 3-month average basis, job ads advanced 18 percent versus a year ago, the strongest growth in five years.
Auckland and Wellington job ads climbed 17 percent each from a year ago. The slowdown in the rebuild effort impacted the Canterbury labor market as job ads gained only 0.4 percent in the region.
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