NZ data - ANZ Job Advertisement Series

Up 2.8% m/m for April

  • March was revised higher to a +2.0% m/m gain, from 1.6%

April is the fastest gain in 5 months

For the y/y, up 18.2%

ANZ comments:

  • ANZ job ads re-accelerating, +2.8% in April
  • Unemployment looks set to stay under 5% this year, lifting wage growth

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Yesterday we got the official release of the Q1 employment data (NZ - Unemployment rate: 4.9% (expected 5.1%) & Employment change 1.2% q/q (expected 0.8%) )

ANZ with an early indication on Q2 now