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flag New Zealand's job market saw a sharp 22% drop in job ads in 2024, signaling a deep recession.

flag New Zealand's job market saw a 22% drop in job ads in 2024 compared to 2023, with major cities like Auckland, Wellington, and Canterbury experiencing significant declines. flag Despite overall economic contraction, sectors like banking, financial services, and information technology showed growth. flag Healthcare and retail roles declined by 15% and 13% quarter-over-quarter, respectively. flag The country's PSI remains in contraction, indicating a deep recession, though there are hopes for a gradual recovery.

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