The first month of spring delivered new growth for New Zealand’s employment market. The latest data from SEEK Employment Trends show opportunities were up by 9.6% in September compared to the same time last year and the good news was shared across the country.
The latest data from SEEK Employment Trends show opportunities were up by 9.6% in September compared to the same time last year and the good news was shared across the country.
While the general election took up much of the attention in September, there was still plenty of focus on the employment market. “The New Zealand jobs market has continued to thrive this September, with strong annual advertising growth recorded on SEEK,” says Janet Faulding, General Manager for SEEK New Zealand.
New Zealanders went to the polls on 23 September and faced weeks of uncertainty about who would govern the country until Labour Party’s Jacinda Ardern was named Prime Minister in mid-October.
“It will be interesting to see if our change in government effects hiring confidence across New Zealand in the coming months,”.
Trends across the industries
Candidates in Information & Communication Technology [ICT] will be pleased to know that their industry offered the most job opportunities across the country on SEEK in September, however the volume was down year-on-year by just 4%. The average advertised salary for the industry was $97,337.
“Professionals most in demand across the high-employing ICT industry this September were Developers/Programmers, Business/Systems Analysts and Program & Project Managers,” says Faulding.
Trades &and Services was also among the highest sources of job opportunities in September with an 18% increase on SEEK compared to the same time last year. The average advertised salary was $59,431.
Opportunities in the Manufacturing, Transport & Logistics industry were also on the rise. Prospects for candidates increased by 36% year-on-year and the average advertised salary was $64,841.
While off a low base, the Mining, Resources & Energy industry was again in the top spot for job ad growth on SEEK with September, with opportunities up by 47% and the average advertised salary was $92,785.
Challenging times for retail
Opportunities on SEEK for the Retail & Consumer Products industry increased by 4% year-on-year from the three-month period of July to September and the average advertised salary was $55,000.
Faulding says that annual growth for the industry has continued to slow for this period since 2014.
“Traditionally, the July to September period is a busy hiring time for the Retail &Consumer Products industry because hirers aim to have their seasonal teams in place by late September and early October, ahead of the busy festive and Summer season,” she says.
From July to September, the most-advertised roles on SEEK for the Retail & Consumer Products industry were for Retail Assistants, Store Managers and Assistant Store Managers.
The regions that offered the most opportunities across the industry over this period were Auckland, Canterbury, Wellington followed by Waikato and Otago.
“The Retail & Consumer Products industry has faced a number of headwinds in New Zealand, from subdued growth in wages and household incomes, rising property prices, as well as globalisation increasing competition for domestic retailers,” says Faulding.
“A concern for a number of smaller retailers is the arrival of international and local retail giants. Last year, Australian department store David Jones opened in Wellington and now Swedish fashion retailer H&M has just opened their third New Zealand store, so competition is on the rise,” adds Faulding. “The arrival of these big retailers is expected to further tighten margins for smaller retailers due to their competitive prices. Only time will tell which retailers succeed in New Zealand’s changing marketplace, especially since UK fashion giant Topshop closed their Kiwi stores this September, after a few years of trading in New Zealand.”
Growth across the regions
In more good news for candidates across New Zealand, year-on-year job ad growth on SEEK was experienced across all major regions in September.
Canterbury recorded the greatest and double-digit growth this September, up 10.1% year-on-year.
“This is the largest annual job ad growth recorded on SEEK for the Canterbury region since November 2014,” says Faulding. “Advertising became subdued across Canterbury in March 2015, when jobs supporting the earthquake rebuild started to subside, which correlated with lower year on year job ad volumes.
“Industries that offered the most job opportunities across Canterbury this September were Trades & Services, Manufacturing, Transport & Logistics and Construction,” adds Faulding.
Opportunities continued rise across the country’s largest labour markets of Auckland [up 4.1% year-on-year] and Wellington [up 9.6% year-on-year].
“ICT continues to be the top advertising industry on SEEK for both regions,” said Faulding.
Spring is the time of new growth and the first month of the season brought even more opportunities for candidates on SEEK. Now may be the time to plan your next move!