Job advertisement data from New Zealand, via ANZ

Up 2.9% on the month for November, from +0.8% the previous month (revised from +0.6%)

ANZ remarks:

  • m/m growth strongest in 2 years - even more impressive its off a high base
  • Y/y growth the strongest in 5 years
  • Shortage of workers a constrain on business expansion
  • Wage growth is expected to respond soon