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

• Release Date: 06/10/15 08:30
• Summary: GENERAL: TME: Trade Me Jobs - quarterly jobs report
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					TME
06/10/2015 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS Trade Me Group Limited

GENERAL: TME: Trade Me Jobs - quarterly jobs report

MEDIA RELEASE
6 October 2015

Kiwi jobs market running out of puff
The number of new jobs being created in New Zealand is slowing after a strong
run, according to an analysis of more than 60,000 vacancies listed on Trade
Me Jobs in the three months to September. The number of new roles listed rose
1.2 per cent when compared to the same period last year, while the average
advertised salary fell 2.6 per cent.
Head of Trade Me Jobs Peter Osborne said the employment market had been
hinting at a slowdown for several months. "A number of economic indicators
suggested the Kiwi job market was cooling off this year with employers not
hiring as often, but new job listings remained strong on Trade Me Jobs in the
face of a pessimistic outlook. Over the past three months however, things
have started to quieten down."
He said the number of job applications increased over the quarter, with
employers finding it easier to fill new roles. "With fewer jobs and more
applicants, employers won't have to stretch the budget as much to compete for
candidates. As a result, we expect that average salaries will show little if
any growth over the coming quarter."
IT sector cooling off
Roles in Information technology declined 28 per cent this quarter when
compared to the same time last year, following an extended period of
explosive growth. In contrast, the average applications per listing for IT
roles rose by 78 per cent.
"This switch-over gives employers the upper hand, and they'll be less
inclined to keep upping salaries to compete for staff. Candidates hunting
rockstar IT roles and salaries might find it more difficult to land their
dream position now, given the increase in competition," Mr Osborne said.
IT sectors that showed a decline in the number of roles available included
Programming & development (down 31 per cent), Network & storage (down 58 per
cent), and Business & systems analysts (down 30 per cent). However, the
salaries on offer for IT roles remained strong with five of the top ten
highest advertised pay rates in this sector, led by Project management at
$135,664.
Aucklanders look nationwide for new jobs
Job hunters in Auckland sent 17 per cent more job applications in the 12
months to September 2015 when compared to the previous year.
Mr Osborne said there had also been a noticeable lift in interest for roles
outside Auckland. "Over the past year, 13 per cent of applications sent by
Auckland candidates were for roles located outside the Auckland region.
That's up an impressive 47 per cent on the previous year, matching the
increasing pressure on the cost of living in New Zealand's biggest city. This
is also clearly reflected in the 81 per cent lift in applications for jobs in
the Waikato by Aucklanders."
He said the other areas which saw an increase in the number of job
applications from Aucklanders were Canterbury (up 45 per cent) and the Bay of
Plenty (up 32 per cent), and roles in Hospitality & tourism (up 69 per cent)
and Trades & services (up 50 per cent).
"On the other hand, we saw a 16 per cent lift in applications for Auckland
roles where the candidate was based outside the Auckland region, so we'll be
watching activity in this area with interest."
The state of the nation
Mr Osborne said roles advertised across the country were up only 1.2 per cent
in the quarter when compared to the previous year, with the biggest lifts in
the Bay of Plenty (up 22.6 per cent), Auckland (up 7.3 per cent), and Hawke's
Bay (up 5.9 per cent). "Despite job ad growth in Auckland, average advertised
pay slid four per cent to $71,546, so we may see flow-on effects in other
areas of the economy if the slip turns into a longer-term trend."
Regions showing the largest drop in advertised roles included Marlborough
(down 5 per cent) Canterbury (down 6.2 per cent), and Wellington (down 7.6
per cent).  "Although the number of roles available in the capital have
simmered, it's not all grim news as the city topped the highest average
advertised rate of pay the country at $75,484," Mr Osborne said.
Roles on offer in Canterbury dipped 6 per cent, while the average number of
applications increased 41 per cent. "The easing of the jobs market in the
Garden City was based mainly around rebuild work, with listings in
Construction and architecture down 27 per cent, and Transport & logistics
down 32 per cent," he said.
In the sectors
Nationally, those looking for roles in Construction & architecture, Trades &
services, and HR & recruitment found more choice over the quarter with the
advertised roles up 12 per cent, 15 per cent, and 16 per cent respectively.
Roles in Engineering (down 10 per cent), Government & council (down 14 per
cent), and Sales (down 11 per cent) were weaker over the quarter. "A slower
sales sector is often a sign of lower business confidence particularly in the
retail sector. Comments out of the recent Westpac McDermott Miller also
showed that employment confidence has taken a dive, so the market outlook is
a bit patchier than it has been in recent times."
- ends -
More info:
1/ Peter Osborne is available for interviews. To tee up an interview time or
for regional data requests, please email Jeff Hunkin via
[email protected] or phone (04) 803 2702.
2/ The full Trade Me Jobs employment survey results are set out below.

1. Listings growth by job: Q3/2015
Category Year-on-year % change Q3/2014 vs Q3/2015
 Accounting 8.1
 Agriculture, fishing & forestry -3.6
 Automotive -0.6
 Banking-finance & insurance -1.4
 Construction & architecture 12.4
 Customer service 6.8
 Education 11.6
 Engineering -9.6
 Executive & general management  19.5
 Government & council -13.8
 Healthcare 5.9
 Hospitality & tourism 5.7
 HR & recruitment 16.4
 IT -27.6
 Legal 23.8
 Manufacturing & operations 0.6
 Marketing-media & communications -1.5
 Office & administration 1.5
 Other 5.0
 Property 0.0
 Retail  5.0
 Sales -10.7
 Science & technology -3.0
 Trades & services 14.7
 Transport & logistics 1.7
 Overall 1.2

2. Average rates of pay by job (full-time jobs only): Q3/2015

 Highest Paid Pay rate ($)
1 IT project management   135,664
2 IT architects   135,455
3 IT functional consultants   133,571
4 IT managers   126,395
5 Data warehousing & business intelligence   118,130

 Lowest Paid Pay rate ($)
1 Au pairs & nannies     35,992
2 Caregivers     37,339
3 Kitchen staff     37,412
4 Retail assistants     38,166
5 Waiting staff     38,485

3. Listings growth by region Q3/2015
Region % change vs Q3 2014
 Auckland 7.3
 Bay Of Plenty 22.6
 Canterbury -6.2
 Gisborne 4.5
 Hawke's Bay 5.9
 Manawatu / Wanganui 0.2
 Marlborough -5.0
 Nelson/Tasman -2.2
 Northland 0.0
 Otago 0.0
 Southland 1.4
 Taranaki 2.4
 Waikato -3.3
 Wellington -7.6
 West Coast -22.0
 Overall 1.2

4. Average rates of pay by region (full-time jobs only): Q3/2015

 Highest Paid Pay rate ($)
1 Wellington City 75,484
2 Auckland City 71,546
3 Christchurch 58,266
4 Waikato  57,902
5 Central Hawke's Bay 57,735

 Lowest Paid Pay rate ($)
1 Tasman 49,279
2 Horowhenua 49,493
3 Hurunui (Canterbury) 49,726
4 Waimakariri (Canterbury) 49,769
5 Waitaki (Otago) 50,024

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 August
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:00271305 For:TME    Type:GENERAL    Time:2015-10-06 08:30:08