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News

Labour market conditions remain consistent: RBF

October 5, 2015 12:44 am

The Reserve Bank of Fiji in its latest economic review says labour market conditions remain consistent with the positive economic performance.

According to the RBF Job Advertisement Survey cumulative to August, a steady increase of 19.6 percent in recruitment intentions was noted.

In the survey the main sectors showing higher employment opportunities were agriculture, forestry and fishing, mining and quarrying, electricity and water, construction, wholesale, retail, restaurants and hotels, transport, storage and communication and finance, insurance, real estate and business service.

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Investment activity also remained firm.

Domestic cement sales grew by 47 percent, while new lending for investment purposes rose by 80 percent.

In addition imports of investment goods rose by 7.2 percent, while value of work put-in-place increased by 10.9 percent in the first half of the year.

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