New Zealand economy’s ANZ Job Ads increased 1.4% m/m in the month of October (seasonally adjusted), points out Liz Kendall Senior Economist at ANZ. Key Quotes “Annual growth is running at 5.8% y/y (on a 3-month moving average basis), up from 3% y/y in June. But this is well below the solid rates of growth seen over 2017, consistent with the economy having lost some momentum.” “Recent growth in job ads is consistent with the unemployment rate remaining near its current low level of 4.5%. But in trend terms, monthly job ads growth has softened, dipping to 0.4% m/m in October from 0.8% m/m in June.” “This may signal waning momentum in labour demand, consistent with languishing hiring intentions. A more meaningful improvement in business confidence would be helpful to shore up labour demand.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZ: Expect a modest rise in employment – Westpac FX Street 4 years New Zealand economy's ANZ Job Ads increased 1.4% m/m in the month of October (seasonally adjusted), points out Liz Kendall Senior Economist at ANZ. Key Quotes "Annual growth is running at 5.8% y/y (on a 3-month moving average basis), up from 3% y/y in June. But this is well below the solid rates of growth seen over 2017, consistent with the economy having lost some momentum." "Recent growth in job ads is consistent with the unemployment rate remaining near its current low level of 4.5%. But in trend terms, monthly job ads growth has softened, dipping to 0.4% m/m in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
