LABOUR MARKET NEWS
Posted on November 18, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Unemployment dropped to 6.2% in the last quarter from 6.4%. Part of the drop could be attributed to more people reporting they are actively job hunting.
The number of jobs rose by 1.2% during September, which is an increase of 2.4% for the year. The job increases support evidence of renewed business confidence. Predictions are for labour market shortages and tightening in some sectors, as skilled workers demand wage increases, over the coming year.
Filed under: REAL ESTATE | Tagged: Real Estate