Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


February vacancies fall but upwards trend continues

Media release

19 March 2014

February vacancies fall but upwards trend continues

The number of jobs advertised online fell by 2.0 per cent in February 2014, following a 7.4 per cent growth in January, according to the Ministry of Business, Innovation and Employment’s latest Jobs Online report.

The seasonally adjusted results show this month’s decline was driven by decreases in skilled vacancies in most industries. The largest falls were in the healthcare and medical industry (down 4.4 per cent compared to January), followed by the accounting, HR, legal and administration industries (down 3.4 per cent) and IT (down 2.5 per cent) industry. In contrast, vacancies in the hospitality and tourism industry were up by 9.9 per cent and the construction and engineering industry increased by 2.4 per cent.

Skilled vacancies were down in most regions. Canterbury had the largest decrease at 4.8 per cent, followed by the South Island (excluding Canterbury) which was down 4.5 per cent. North Island (excluding Auckland) was the only region to experience growth (up 3.1 per cent).

Ministry Labour Market and Business Performance Manager David Paterson says that despite the fall this month, the overall trend remains positive and annual growth is strong in most industries and regions.

“Business confidence is at its highest level since 1994, according to the latest ANZ Business Outlook. Optimism in the business sector is likely to support growth in vacancies in the coming months,” he says.

Over the year to February, skilled vacancies increased by 16.4 per cent, and all vacancies increased by 18.1 per cent. The South Island (excluding Canterbury) had the biggest growth in skilled vacancies (up 25.3 per cent) over the year, followed by the Auckland region (up 17.1 per cent). Skilled vacancies in Canterbury grew by 7.9 per cent over this period.

More information on Jobs Online is available at www.dol.govt.nz/publications/jol/index.asp.

[ends]

NOTES:

Jobs Online provides information on the demand for labour by monitoring the number of jobs advertised on the main internet job boards. Jobs Online is adjusted for seasonal variations.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news