article from News reporting the up trends of job advertisements.
“January job ads were a firm 21.8 per cent higher than 12 months ago”
“This suggests that the slowdown in trend employment has run its course, and that employment growth will accelerate over coming months.”
Expectedly online is out-pacing print but - leaving aside the method behind the ANZ series - are larger advert volumes an accurate reflection of the employment growth prospects? Is the economy creating as many jobs at the rate that ads are being posted, normalising for the usual macro-lag?
An answer supporting the view of the local piece is provided via the latest McKinsey Global Survey of Business Executives, which outlines a strong positive economic/employment outlook especially in the region. Get the survey from the McKinsey Quarterly site; registration is free but valuable.
Link to the survey via the Taleo blog
