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New Zealand: Unemployment down and job vacancies up

According to recent figures job opportunities are increasing all over New Zealand - with some parts of the country seeing unemployment fall to the lowest it has been since 2008.

Unemployment Down And Job Vacancies Up

Official figure shows that the unemployment rate decreased to 5.1% in the second quarter of 2016 and more women are employed.

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In June 2015, there were 8,000 fewer unemployed women in the country than in the previous year. This demographics’ unemployment rate fell from 6.2% to 5.4%,’ said Mark Gordon, labour and income statistics manager at Statistics New Zealand.

Unemployment was down from a year ago across many North Island regions, including Auckland, which had an unemployment rate of 4.7% in the June 2016 quarter, the lowest since the September 2008 quarter when it was 4.1%.

The June 2016 quarter results indicate that 66.2% of the working age population were employed. Compared with the March 2016 quarter, there were 58,000 more employed people, a rise of 2.4%.

The latest data from employment firm SEEK shows that there were 4.8% more jobs advertised in July 2016 than 12 months ago with the most positions available in ICT, trades and services and administration and office support reported Expat Insider.

According to the writers of this article the most in-demand skills for the ICT industry at present are developers, programmers, business systems analysts and project managers, but there are fewer opportunities for hardware engineers, technical writers and computer operators.

Further research also confirms that tradesman and teachers remain popular with New Zealand based employers.

SEEK New Zealand’s general manager Janet Faulding, one reason for the growth in ICT is that many New Zealand companies are now tapping into the overseas markets to grow their businesses, plus investing in new technology and infrastructure to be competitive, and consequently they require ICT talent to help them thrive.

The data also shows that Auckland job adverts increased by 5.4% year on year in July, while in Wellington job adverts were up 4.5% after a period of weakness earlier this year and last year.

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“The Canterbury labour market has been subdued since March 2015, almost 18 months. The job market in this region was supported by the earthquake rebuild, however with that slowing we’ve seen low year on year job advert volumes,” Faulding explained to Expat Insider.

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