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

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• Summary: GENERAL: TME: Trade Me Jobs - quarterly jobs report
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					TME
18/01/2016 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS Trade Me Group Limited

GENERAL: TME: Trade Me Jobs - quarterly jobs report

16 January 2016

Job market swings to favour employers

While the number of jobs advertised grew in the final quarter of 2015, there
was an explosion in the number of job applications according to the latest
data from Trade Me Jobs.

Head of Trade Me Jobs Peter Osborne said analysis of more than 58,000
listings in the three months to December showed that growth in job listings
was definitely slowing with only a modest 2.2 per cent growth in the last
quarter.

Mr Osborne said that job advertising had slowed overall compared to the
"giddy heights" of early last year and the year prior, and with high demand
for new roles "the ball is now firmly in the employers' court".

"The clearest indicator that the market has moved in favour of employers has
been the huge increase in job applications we're seeing on Trade Me Jobs.
During the final quarter of last year the average number of applications
received per listing was up 12 per cent on the previous quarter.

"This increase means employers should find it easier to fill roles and job
hunters are going to have a tougher time landing a job. Put simply, there are
now more candidates for employers to choose from."

Mr Osborne said if the trend continues he expects the time it takes to find a
job will increase, so people looking for a new role should generally
anticipate a longer search and will need to put more effort into the process.

"Whenever you apply for a new job you need to research, prepare and practice,
but it's now more important that you do that leg work to help you stand out
from the crowd. Candidates who take their time to understand the business
they want to work for and who nail the application process will find a role
in a more competitive job market."

2015 in review

Mr Osborne said the start of 2015 had seen a largely buoyant job market with
growth across most industry sectors and regions.

"Demand for IT, construction and people in the trades was especially high at
the beginning of 2015, and Auckland continued its spectacular expansion with
new jobs advertised growing each quarter in double digits. Auckland ended the
year with 9 per cent growth in listings compared to 2014. The Bay of Plenty
also had an incredible year with an 18 per cent increase in listings.

"However other regions didn't enjoy quite as prosperous a year. By June
growth had slowed in Wellington and Canterbury indicating the demand for
workers had become patchier," he said.

Competition for roles has become particularly fierce in Canterbury where
listings fell by 6 per cent but applications for roles jumped 22 per cent.

Demand in Christchurch for construction and tradespeople for the rebuild
settled down to a more sustainable level as 2015 progressed. "Slowing demand
for workers in Christchurch is not necessarily a bad result, since many
employers have been finding it virtually impossible to hire a full roster of
skilled people when the rebuild was at its peak," he said.

Predictions for the year ahead

"Indications are that 2016 is shaping up to favour employers more than job
hunters, as seen in the latter part of 2015, with Auckland being the major
exception with its continued growth and demand for workers."

Mr Osborne predicts that the "dizzying" surge in job advertising in the
Construction and Trades sectors of recent years should settle into a more
sustainable level of demand in Christchurch, while large infrastructure
programmes and the growth of Auckland is likely to continue as the super city
continues to expand.

"Skilled trades and professions are likely to remain in relatively high
demand, while applicants for hospitality and tourism, customer service and
office admin jobs in particular may find it more difficult to secure a role
with increased job hunter competition in these sectors.

"Overall, we still expect new job advertising to increase in the foreseeable
future but with a greater breadth of highs and lows across regions and
industry sectors as we saw in the last quarter of 2015."

Regional round-up

Otago was the star performer of the last quarter with a 19.7 per cent
increase in listings compared to last year. Nelson/Tasman, Marlborough,
Hawkes Bay and Auckland also all experienced double digit growth.

Canterbury and the West Coast saw the biggest reduction in listings compared
to 2014 with 11.5 percent and 19.9 per cent drops respectively.

Sector news

While the IT sector dominates the highest paid stats, taking out all of the
top 10 positions, competition for those roles has jumped with last quarter
with applications up 8 per cent this quarter.

Applicants in the Customer service and Education sectors had greater choice
with growth in listings of 24.3 and 17.2 per cent respectively.

-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.

Listings growth by job: Q4 2015
Category Year-on-year % change Q4 2014 vs Q4 2015
 Accounting  1.3 %
 Agriculture-fishing & forestry  5.8 %
 Automotive  0.5 %
 Banking-finance & insurance  7.1 %
 Construction & architecture  12.9 %
 Customer service  24.3 %
 Education  17.2 %
 Engineering  - 6.4%
 Executive & general management  - 1.6%
 Government & council  2.8 %
 Healthcare  3.7 %
 Hospitality & tourism 6.1 %
 HR & recruitment  15.3 %
 IT  - 32.2%
 Legal 10.9 %
 Manufacturing & operations  16.8 %
 Marketing-media & communications  - 7.4%
 Office & administration  6.3 %
 Other 8.8 %
 Property  15.7 %
 Retail  0.8 %
 Sales - 8.8%
 Science & technology  - 9.6%
 Trades & services  15.3 %
 Transport & logistics - 6.6%
 Overall  2.2 %

Average rates of pay by job (full-time jobs only): Q4/2015

  Highest Paid Pay Rate ($)
1  IT - Project management    136,378
2  IT - Architects    134,408
3  IT - Management    125,870
4  IT - Functional consultants        123,144
5  IT - Database  119,740

  Lowest Paid Pay Rate ($)
1  Healthcare - Caregiving      36,369
2  Education - Au pairs & nannies     37,045
3  Hospitality & tourism - Reception & front desk     37,526
4  Hospitality & tourism - Kitchen staff    37,850
5  Hospitality & tourism - Bar staff & baristas    39,050

Listings growth by region Q4/2015
Region % change vs Q4 2014
 Auckland  10.1 %
 Bay Of Plenty 9.2 %
 Canterbury  - 11.5%
 Gisborne  - 7.3%
 Hawkes Bay  15.0 %
 Manawatu / Wanganui  3.1 %
 Marlborough  11.5 %
 Nelson / Tasman  14.0 %
 Northland  4.0 %
 Otago 19.7 %
 Southland  0.3 %
 Taranaki  0.4 %
 Waikato  1.5 %
 Wellington  - 7.9%
 West Coast  - 19.9%
 Overall  2.2 %

Average rates of pay by region (full-time jobs only): Q4/2015
  Highest Paid Pay Rate ($)
1  Wellington - Wellington  72,898
2  Auckland - Auckland City       71,438
3  Hawkes Bay - Central Hawkes Bay      64,151
4  Wellington - Upper Hutt      61,525
5  Canterbury - Christchurch City     59,034

  Lowest Paid Pay Rate ($)
1 West Coast - Westland 47,203
2 Manawatu / Wanganui - Horowhenua 48,229
3 Manawatu / Wanganui - Wanganui 49,426
4 Otago - Wanaka 49,692
5 Nelson / Tasman - Tasman 49,733
End CA:00276455 For:TME    Type:GENERAL    Time:2016-01-18 08:30:10