WELLINGTON May 4 Job advertisements in New
Zealand posted their strongest monthly growth in five months in
April, up 2.8 percent, a survey by ANZ Bank showed on Thursday.
Job ads were 18.2 percent higher on an annual basis with
construction and services leading demand for labour, according
"The ongoing high level of job ads indicates a strong labour
market," said ANZ economist Sharon Zollner.
New Zealand's unemployment rate dropped to near eight-year
lows in the first quarter, while its employment rate was the
second highest in the developed world, data released this week
(Reporting by Charlotte Greenfield, editing by G Crosse)