New Zealand ANZ Job Ads for September: -0.3% m/m (prior +0.6%)

For the y/y NZ job ads up 6%

ANZ comments:

  • job ads growth higher than its mid year low
  • but points to slower employment growth

NZD is marked a few points lower on the data:

Down a few pips. But there is not usually too much response to this data point, so no surprise on the small wiggle. The thing to take note of has been, and remains, the lower business confidence in NZ> That will impact on investment and hiring going forward. not a positive.

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