Ann: GENERAL: TME: Trade Me Jobs - quarterly jobs report

• Release Date: 03/07/15 08:30
• Summary: GENERAL: TME: Trade Me Jobs - quarterly jobs report
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					TME
03/07/2015 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS Trade Me Group Limited

GENERAL: TME: Trade Me Jobs - quarterly jobs report

3 July 2015

Job market growing despite lower business confidence

Despite waning employment confidence according to Westpac: McDermott Miller,
Trade Me Jobs continues to see healthy signs in the New Zealand employment
market.

Head of Trade Me Jobs Peter Osborne said it was great to see Kiwis continuing
to have so many opportunities and options in the job market. "While some
gloss may be coming off the economy, the job market's shown signs of healthy
persistence this quarter. We saw more than 58,000 listings onsite between
April and June, up more than 5 per cent on the second quarter of last year.

"Overall we've seen some nice pockets of growth across the country.  This is
heartening given the economic tailwinds of recent quarters have slowed to a
breeze."

People are also taking the opportunity to assess their job options, with the
number of applicants per job up more than 7 per cent on a year ago. A slowing
in job advertising with an increase in job applications means employers
should find it easier to fill roles, while job hunters will find it more
difficult to land a job.

Consistent with recent news surrounding the energy sector and dairy pay-outs
Taranaki has continued a recent downward trend in listings, dipping more than
5 per cent, while Canterbury's listing numbers fell for the first time in
long time - down 3 per cent. Canterbury's change is indicative of an area
that has experienced enormous employment off the back of the rebuild and is
now settling.

Mr Osborne said that given not every region was experiencing the same
progress and the national market was "patchy", job hunters may be more
inclined to travel to find work. Since the biggest job market is Auckland
more people moving to the 'big smoke' looking for work could exacerbate
issues like housing affordability and supply.

Meanwhile Wellington turned its fortunes around a little, up almost 2 per
cent on this time last year. The capital continues to be the place to be when
it comes to wages, with the highest average pay in the country at $74,253.
This is driven by higher paying banking, finance, technology and other
skilled roles dominating the employment landscape

Auckland powers on

The Auckland region has seen a 10 per cent increase in job listings from this
time last year and is the second highest area for average pay at $71,253. Mr
Osborne said there were plenty of reports about the pressure on wages and
salaries, given the price of property in the Super City.

Auckland City experienced fantastic 9 per cent growth but was beaten by the
North Shore which had a 10 per cent increase in listings, while other areas
around the city also experienced significant growth.

Brakes go on in Christchurch

"Christchurch's 6% reduction in advertised jobs isn't exactly a shock given
the well-documented influx of workers and demand at the peak of the rebuild
has plateaued," Mr Osborne said. "It looks like it might be tougher for job
seekers in the broader region too. Canterbury has seen a 25 per cent increase
in applicants per job than this time last year.

"Perhaps we're seeing a slight return to normal after the frenetic pace of
change in the city. It's interesting to see that although Christchurch is
slowing, many of the districts around the Garden City like Mackenzie, Selwyn,
Timaru and Waimakariri are experiencing double-digit growth."

Regional round-up

For many regions there was excellent growth this quarter, but six of the 15
regions turned in year-on-year declines in listings. Gisborne had a bad
quarter, with advertised roles down 21 per cent on a year ago.

Following in the footsteps of increased property price expectations and rents
the Bay of Plenty was the best performer of all regions with 20 per cent
growth in jobs, spurred by Tauranga which was up 29 per cent on last year.

Sector news

Applicants in the education, construction & architecture and retail sectors
had the most choice in the job market with year-on-year job growth of 28 per
cent, 16 per cent and 16 per cent respectively.

IT was the most competitive sector with 45 per cent more applications per job
landing than last year, and the market had tightened with a decline of
listings of 4 per cent.

Mr Osborne said that with news of economic unrest in the EU still very fresh,
there was uncertainty as to how that situation might impact the wider
economy. "We need to maintain a watching brief to see if that impacts further
on businesses hiring intentions and the job market. The New Zealand job
market has shown some resilience to adverse global trends in recent years,
and we're hopeful that will again be the case."

-ends-

More info:

1/ Peter Osborne is available for interviews. To tee up an interview time or
for regional data requests, please email Logan Mudge via
[email protected] or phone (04) 803 2706.

2/ The full Trade Me Jobs employment survey results are set out below.

-

Trade Me Jobs employment survey results: Apr - Jun 2015

1. Listings growth by job: Q2/2015
Category Year-on-year % change Q2/2014 vs Q2/2015
Accounting 11.1
Agriculture, fishing & forestry -1.6
Automotive 0.2
Banking, finance & insurance 2.7
Construction & architecture 16.3
Customer service -4.1
Education 28.2
Engineering -5.1
Executive & general management -2.2
Government & council -23.2
Healthcare 10.0
Hospitality & tourism 6.5
HR & recruitment 26.8
IT -3.8
Legal 13.5
Manufacturing & operations -0.3
Marketing, media & communications -1.0
Office & administration -0.9
Other 11.0
Property 25.3
Retail 16.0
Sales -14.0
Science & technology 19.8
Trades & services 12.6
Transport & logistics 5.6
Overall 5.3

2. Average rates of pay by job (full-time jobs only): Q2/2015

   Highest paid   Pay rate ($)

1 IT architects 147,792
2 IT project managers 131,813
3 IT functional consultants 126,858
4 IT managers 125,633
5 IT data warehousing & business intelligence 120,533
   Lowest paid  Pay rate ($)

1 Au pairs & nannies 35,741
2 Caregiving 36,761
3 Kitchen staff 37,788
4 Retail assistants 38,320
5 Bar staff & baristas 38,399

3. Listings growth by region for Q2/2015

Region % change vs Q2/2014
Auckland  10.4
Bay of Plenty  20.4
Canterbury  - 3.1
Gisborne  - 20.6
Hawke's Bay  17.3
Manawatu/Wanganui  4.6
Marlborough  4.9
Nelson/Tasman  - 2.7
Northland 10.6
Otago  12.2
Southland  - 0.4
Taranaki  - 5.2
Waikato  0.9
Wellington  1.7
West Coast  - 7.7
National 5.3

4. Average rates of pay by region (full-time jobs only): Q2/2015

   Highest paid   Pay rate ($)

1 Wellington City 74,253
2 Auckland City 71,253
3 South Taranaki 60,156
4 Waikato 59,551
5 Whakatane 58,558

    Lowest paid   Pay rate ($)

1 Horowhenua 46,478
2 Kapiti Coast 48,317
3 Waitakere City 49,518
4 Hastings 50,094
5 Napier 50,532

NB: Segments with less than 50 jobs excluded.

About Trade Me Jobs
On average more New Zealanders have visited Trade Me Jobs
(trademe.co.nz/jobs) than any other NZ job site in the 12 months to May 2015
according to Nielsen Online. Full details of pay by profession for full-time
job listings between July and December 2014 are in the Trade Me Jobs Salary
Guide.

*Nielsen Netview: Monthly Unique Audience Report
End CA:00266567 For:TME    Type:GENERAL    Time:2015-07-03 08:30:39