Job opportunities have declined by more than 60 per cent, says the Reserve Bank of Fiji (RBF).
In its October economic review, the RBF stated there was a 62.9 per cent decline in job vacancies from January to September in a number of sectors.
The RBF said it based its assessment on a job advertisement survey on Fiji’s labour market.
It said the labour market conditions, as per the job advertisement survey, remained weak.
“In the year to September, job vacancies noted a decline of 62.9 per cent due to lower recruitment intentions in the wholesale and retail, trade, restaurants and hotel, community, social and personal services and the construction sector,” RBF said.
Despite the slump in certain sectors, the RBF said some improvements were noted.
“A notable 22.6 per cent growth was observed over the month underpinned by the high number of vacancies for teaching positions within the Ministry of Education, Heritage and Arts.”
