Job Listings Plummet in Australia and New Zealand

Jobseekers on both sides of the Tasman face increased competition as available vacancies fall and unemployment numbers rise.

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Employment advertising site Seek has reported significant falls in job advertisements in Australia and New Zealand, with the latter is faring far worse.

That has driven down the company’s revenues earned by its Australian and New Zealand operations by 8 percent to $840 million over the financial year, as ad volumes fell by 20 percent.