Ann: GENERAL: TME: Kiwi job market softens, but s

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TME
09/07/2012 09:46
GENERAL

REL: 0946 HRS Trade Me Group Limited

GENERAL: TME: Kiwi job market softens, but still growing

MEDIA RELEASE
9 July 2012

Kiwi job market softens, but still growing

The national employment market continues to head in a positive direction with
advertised vacancies up 8.2% on a year ago, according to an analysis of more
than 42,000 roles on Trade Me Jobs over the past quarter.

Head of Trade Me Jobs, Pete Ashby, said the "two-speed economy" was still in
full swing. "Canterbury continues to provide a huge impetus in job listings
and was up 49 per cent, while the rate of growth in the rest of the country
is back in second gear. Overall, it's encouraging news in the face of the
challenging economic conditions around at the moment."

Around the grounds

The strong Canterbury numbers were not confined to Christchurch. "Yes,
there's been sharp growth in the city, but the broader region from Hurunui
down to the Waitaki river has also seen an increase in jobs listed."

He said jobs at the "pointy end" of the post-quake recovery effort were
driving the increase. "Demand for planners, surveyors and engineers has risen
sharply. Listings in construction and architecture are up 148 per cent on a
year ago, and engineering is up 75 per cent. There was also strong growth in
office and administration roles - up 118 per cent - perhaps an indication
that some businesses are returning to a semblance of normality, and preparing
for a rebuild-inspired boom."

Mr Ashby said all regions in the South Island had been "solid" on the
listings growth front, but it was a different story in the major metropolitan
areas. "Auckland and Wellington look to have borne the brunt of the
uncertainty swirling around the economy."

Dissecting the sectors

Overall, the top three sectors in terms of growth compared to a year ago
were: Construction & architecture (up 79%); Agriculture, fisheries & forestry
(up 37%); and Retail (up 29%).

On the other side of the coin, listings for Human resources & recruitment
staff were down by 22.8%. Mr Ashby attributed this to the uncertain outlook
for the employment market. "In recruitment land, consultancies are also in a
holding pattern until the game-changing all of government tender results are
known."

Crystal ball gazing

Mr Ashby said he expected to see several factors at play in the Kiwi job
market over the coming months. "Despite the slowing market, there's no
evidence of greater competition amongst job-seekers yet. Of course, if the
market continues trending down, this will change. The spectre of the
Christchurch rebuild continues to loom large and comes with enormous
opportunities for Kiwi job-seekers.

"We'll also be watching to see whether there is any truth behind some of the
rumoured moves by global businesses to New Zealand, as they consider taking
advantage of the Kiwi quality of life, better industrial relations and
relatively low wages."
-ends-

CONTACT:  Pete Ashby, Head of Trade Me Jobs, Ph 021 240 8028

MORE INFO: The full Trade Me Jobs employment survey results are set out
below.

Trade Me Jobs employment survey results: April - June 2012

1. Listings growth by job: Q2/2012

Job Change vs. Q1/2012 Change vs. Q2/2011
Accounting  - 16.2% 0.9 %
Agriculture, fishing & forestry  17.6 % 36.9 %
Banking, finance & insurance  33.3 % - 17.3%
Construction & architecture  26.5 % 79.0 %
Customer Service  13.9 % 7.6 %
Education  0.0 % - 13.6%
Engineering  15.2 % 13.4 %
Government & council  2.7 % - 0.7%
Healthcare  21.6 % 25.2 %
Hospitality & tourism  - 0.7% 10.3 %
HR & recruitment  - 8.4% - 22.8%
IT  - 5.9% - 21.4%
Legal  48.4 % 8.4 %
Manufacturing & operations  7.9 % 10.7 %
Marketing, media & comms  1.5 % - 17.7%
Office & administration  17.3 % 12.3 %
Retail 7.4 % 29.0 %
Sales  5.9 % - 3.3%
Science & technology  4.8 % 15.4 %
Trades & services  11.6 % 25.9 %
Transport & logistics  12.2 % 24.8 %
Overall 7.4 % 8.2 %

2. Average rates of pay by job (full-time jobs only): Q2/2012

   Highest paid   Pay rate ($)

1 IT Architects 130,332
2 IT Project management 124,934
3 IT Management 117,420
4 IT Sales & pre-sales 114,142
5 IT Functional consultant 110,413
   Lowest paid  Pay rate ($)

1 Kitchen staff  32,235
2 Waiting staff 33,811
3 Caregivers 33,831
4 Bar staff and baristas 34,012
5 Receptionist & front desk 34,250

3. Listings growth by region for Q2/2012

Region Change vs. Q1/2012 Change vs. Q2/2011
Auckland  8.0 % - 3.1%
Bay of Plenty  11.7 % 23.6 %
Canterbury  18.0 % 48.9 %
Gisborne  - 7.5% - 8.6%
Hawke's Bay  6.9 % 25.4 %
Manawatu / Wanganui  - 1.0% 15.2 %
Marlborough  - 10.5% 12.5 %
Nelson / Tasman  - 10.2% 25.8 %
Northland - 7.3% - 7.2%
Otago  11.1 % 43.7 %
Southland  2.0 % 0.9 %
Taranaki  5.7 % 21.8 %
Waikato  4.5 % 7.5 %
Wellington  1.6 % - 6.9%
West Coast  - 0.5% 28.8 %
National 7.4% 8.2%

4. Average rates of pay by region (full-time jobs only)

   Highest paid   Pay rate ($)

1 Wellington City   76,412
2 Auckland City  73,307
3 West Coast 65,134
4
5 Auckland - Papakura
South Taranaki 61,047
59,764

    Lowest paid   Pay rate ($)

1 Hurunui 44,698
2 Wanganui 44,954
3 Kapiti Coast 46,294
4 Marlborough 46,852
5 Waipa 47,008

NB: Segments with less than 50 jobs excluded.

About Trade Me Jobs
More Kiwis visited Trade Me Jobs (www.trademe.co.nz/jobs) than any other job
board in the 12 months to June 2012 (Source: Nielsen Net Ratings). Full
details of pay by profession for full-time jobs listed between January and
June 2012 are in the Trade Me Jobs Salary Guide.
End CA:00224761 For:TME    Type:GENERAL    Time:2012-07-09 09:46:28