Brad Olsen: Infometrics Principal Economist on the falling number of job ads
The Mike Hosking Breakfast - Podcast tekijän mukaan Newstalk ZB - Keskiviikkoisin
After peaking at record highs the past few months, it appears the job market is starting to slow down. Seek's latest employment figures for September show a 4% dip in applications per job compared to the month prior. The number of job ads have also fallen by 2% month on month, and by 25% compared to last September. Infometrics Principal Economist, Brad Olsen, told Mike Hosking that despite the number of job ads being down by 25%, the number of jobs is up by 3.3%. He said that it’s encouraging from a macroeconomic point of view, as businesses who are looking at a darker economic outlook are unlikely to be hiring as many people. LISTEN ABOVE See omnystudio.com/listener for privacy information.