Hudson response to ANZ Job Vacancy Rate

Tuesday, May 16, 2006

Hudson response to ANZ Job Vacancy Rate

An increase in the number of businesses taking on contractors instead of employees is behind the fall in national newspaper job vacancy rates, according to recruitment firm and human resources consultancy, Hudson.

The ANZ Job Vacancy survey for the March quarter saw the national newspaper job vacancy rate fall to a 12-month low.

Hudson general manager Peter Harbidge said: "In the uncertain economic climate employers are acting cautiously, choosing contractors to allow flexibility.

"Because contracting positions are often not advertised in newspapers, this is having an impact on these vacancy rates."

About Hudson New Zealand

Hudson is a worldwide leader in the provision of specialised recruitment and human resource consulting services.

Through its recruitment and human resource consulting divisions, Hudson works with a variety of employers to attract, select, engage, develop and retain the people they need to succeed. Likewise, Hudson assists job seekers to explore and discover permanent or contract opportunities that utilise their abilities and advance their careers.

Hudson is a division of Hudson Highland Group Inc (NASDAQ: HHGP) one of the world's leading professional recruitment, retained executive search and human capital solution providers. More information about Hudson is available at www.hudson.com

ENDS

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