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New Zealand – Strong annual jobs growth reported

22 January 2014

A government report from the Ministry of Business, Innovation, and Employment, entitled Jobs Online, revealed strong job growth for skilled workers in December 2013 compared with last year, reports radionz.co.nz. The report analysts figures from the two main online job boards; Seek and Trade Me.

According to the report, online advertisements for skilled workers rose marginally by +0.2%, compared with November 2013. However, when compared with the previous year, the number of online advertisements rose by +11.7%.

The trend showing growth in vacancies over the last few months is consistent with the latest Quarterly Survey of Business Opinion, which found that business confidence is at a 20-year high, with a net 17% of firms expecting their employment to increase. However, the survey revealed that more employers are finding it difficult to find skilled labour. The Ministry expects the labour market to continue to expand, which should lead to an increase in vacancies.

During the year to December, skilled job vacancies increased in all industry groups except in the healthcare and medical industry (-9.2%), and the accounting, HR, legal, and administration industry, which they remained stable. The biggest increases were in the sales, retail, marketing, and advertising (+18.5%), hospitality and tourism (+15.5%) and construction and engineering (+15%) industries.

Industry Monthly Change Annual Change
Healthcare and medical 2.1% -9.2%
Construction and engineering 1.2% 15%
Hospitality and tourism -0.8% 15.5%
Sales, retail, marketing and advertising -1.3% 18.5%
Information technology -2.4% 9.1%
Accounting, HR, legal and administration -3.7% 0%
Other 7.1% 22.6%
Total skilled job vacancies 0.2% 11.7%

In December, skilled vacancies increased for technicians and trades workers (+5.1%) and managers (+3.3%). In contrast, skilled vacancies for professionals decreased by -1.5% compared with the previous month.

Over the year, job vacancies increased in all skilled occupation groups. The largest increase in vacancies was for technicians and trade workers (+22.6%) followed by managers (+14.2%).

Occupation Monthly Change Annual Change
Technicians and trades workers 5.1% 22.6%
Managers 3.3% 14.2%
Professionals -1.5% 7.2%
Total skilled job vacancies 0.2% 11.7%

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