23 Jan 2014

Job ads fall in December

7:43 pm on 23 January 2014

Job advertisements fell 0.7 percent in December, the second monthly fall in a row.

However, because of a strong October, ads in the three months to December were up 2.8 percent.

The biggest contributor to the latest monthly drop was a 1.5 percent fall in internet advertising while newspaper ads rebounded strongly in December after a large fall in November.

ANZ economist Steve Edwards said monthly figures tend to be volatile but broad trends indicate a modest decline in the unemployment rate over the next two quarters.

Internet advertising continues to grow at the expense of newspaper ads.