Latest news with #SeekNZ
Otago Daily Times
3 days ago
- Business
- Otago Daily Times
Job ads fall for a second month
The mid-year economic slowdown appears to be weighing on the job market with job advertisements falling for a second month. Data from employment website Seek NZ showed job ads fell 3% in June from a month earlier, and 3% lower than a year ago. Applications per job ad - recorded with a one-month lag - were down 2% monthly. It comes as various economic datasets point to the country's economic recovery stalling in the middle of the year. Seek country manager Rob Clark said job ad levels remained broadly flat for the past year. "While the volume remains below pre-Covid levels, there are pockets of growth, which should be cause for some optimism," he said. Job ad volumes were mixed across the regions, with Gisborne, Marlborough and Southland the only regions to see month-on-month growth in June. In Auckland and Canterbury, volumes fell 2% in June, while Wellington fell 4%. Otago was flat, while Waikato fell 4%. The only industry to see an increase in volumes was Information & Communication Technology, with more demand for ICT managers and networks & systems administrators. "Despite a monthly dip in June, demand within government and defence has jumped 51% year-on-year, and we're seeing a growing number of industries return to annual growth within the professional and consumer services sectors," Clark said.
RNZ News
3 days ago
- Business
- RNZ News
Job advertisements fall for a second month
Job ad volumes were mixed across the regions, with Gisborne, Marlborough and Southland the only region to see month-on-month growth in June. Photo: 123RF The mid-year economic slowdown appears to be weighing on the job market with job advertisements falling for a second month. Data from employment website Seek NZ showed job ads fell 3 percent in June from a month earlier , and 3 percent lower than a year ago. Applications per job ad - recorded with a one-month lag - were down 2 percent monthly. It comes as various economic datasets point to the country's economic recovery stalling in the middle of the year. Seek country manager Rob Clark said job ad levels remained broadly flat for the past year. "While the volume remains below pre-Covid levels, there are pockets of growth, which should be cause for some optimism," he said. Job ad volumes were mixed across the regions, with Gisborne, Marlborough and Southland the only region to see month-on-month growth in June. In Auckland and Canterbury, volumes fell 2 percent in June, while Wellington fell 4 percent. Otago was flat, while Waikato fell 4 percent. The only industry to see an increase in volumes was Information & Communication Technology, with more demand for ICT managers and networks & systems administrators. "Despite a monthly dip in June, demand within government and defence has jumped 51 percent year-on-year, and we're seeing a growing number of industries return to annual growth within the professional and consumer services sectors," Clark said. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Otago Daily Times
25-06-2025
- Business
- Otago Daily Times
Record numbers of people chasing dwindling number of jobs
File photo - NZ job ads fall 2 percent in May on April, according to Seek NZ's employment report - Adverts were down 8 percent on a year ago - the slowest annual decline in more than two years - Applications per job ad rose 2 percent on April to a record high - Monthly salary growth 0.6 percent, annual rate 2.4 percent Record numbers of people are chasing a dwindling number of jobs, while wage rises are barely keeping pace with inflation, according to Seek. The online employment platform's May monthly report showed a fall in the number of jobs advertised, albeit at the slowest rate in more than two years. Seek country manager Rob Clark said the employment market felt like it was bumping along the bottom of the cycle, and while things were not getting better they were also not getting appreciably worse. "The comfort we can take is that we were seeing quite steady declines and now we're seeing a period of some stable results what most people are looking for are some signs of an improvement, but we're not really seeing any signs of that at the moment." Three regions had a rise in job adverts, with Wellington up 2 percent for the year ended May, its first rise in more than two years, Taranaki volumes rose 6 percent, and Southland up 1 percent, which were partly offset by sizeable falls in Auckland, Otago and Manawatū. Most industries recorded fewer adverts, but healthcare and medical, community services, and consulting had solid rises, while consumer facing industries gave up recent gains, and information and technology had a sharp contraction. Clark said the increase in consulting jobs might point to the use of short-term roles to fill specific gaps without having to hire full-time staff. Salaries edged higher in the three months ended May, but on an annual basis the growth slowed to pre-Covid levels of 2.4 percent, just below the rate of inflation. "When we have what is called a candidate-long market - more candidates than opportunities - then we typically see a slowdown in salary growth and that's exactly what we're seeing," Clark said. "Overall we have a market that remains very subdued, but it's not getting any worse, but it's not getting any better at a rapid rate either."
