Home > Research Centre > Labour Market and Skills > Jobs Online > June 2012

Jobs Online monthly report – June 2012

Published: July 2012

Jobs Online measures changes in job vacancies advertised on the two main internet job boards - Seek and Trade Me Jobs.

Online vacancies fall in June

Jobs Online shows, in seasonally adjusted terms, that skilled[1] job vacancies fell by 2.1% in June, following an increase in May. Similarly, all job vacancies fell by 4.5% in June, following an increase in May.

Skilled job vacancies fell across all skilled occupation groups. Skilled job vacancies were down in most industry groups and regions.

Although there has been some variation month to month, the trend shows that vacancies have been increasing for the past seven months (see Figure 1) suggesting a modest improvement in the labour market. Over the past year skilled vacancies increased by 7.5% and all vacancies increased by 6.7%.

Figure 1: Skilled Vacancies Index (SVI)
Seasonally adjusted and trend series (May 2007=100)

Figure 1: Skilled Vacancies Index (SVI) and All Vacancies Index (AVI) Trend series (May 2007=100)
Data table for Figure 1

Figure 2: All Vacancies Index (AVI)
Seasonally adjusted and trend series (May 2007=100)

Figure 2: All Vacancies Index (AVI) Seasonally adjusted and trend series (May 2007=100)
Data table for Figure 2

The annual increase in job vacancies is consistent with the anticipated gradual recovery in employment over the coming year. Recent business confidence survey results show hiring intentions have eased but remain positive. The Ministry forecasts[2] employment to grow by 1.8% (or 39,600 jobs) in the 2013 March year and by 2.4% (or 54,100 jobs) in the 2014 March year.

Growth in skilled job vacancies varied across industry and occupation groups

In the month of June, skilled job vacancies fell in most industry groups (see Table 1). The biggest falls were in the education and training (down by 14.8%) and accounting, HR, legal and administration (down by 9.1%) industry groups. Healthcare and medical (up by 16.1%) and hospitality and tourism (up by 1.0%) were the only industry groups that had an increase.

Over the year to June, growth in skilled job vacancies varied across industry groups. The demand for skilled workers was the strongest in healthcare and medical (up by 34.4%) and construction and engineering (up by 15.0%).

Table 1: Skilled Vacancies Index (SVI) by industry and occupation groups, seasonally adjusted

Industry

Monthly change
(May 12-Jun 12)

Annual change
(Jun 11–Jun 12)

Healthcare and medical

16.1%

34.4%

Hospitality and tourism

1.0%

5.3%

Sales, retail, marketing and advertising

-4.6%

6.3%

Construction and engineering

-4.6%

15.0%

Information technology

-4.9%

-4.2%

Accounting, HR, legal and administration

-9.1%

-2.1%

Education and training

-14.8%

-18.1%

Other

0.0%

17.6%

Occupation

Monthly change
(May 12-Jun 12)

Annual change
(Jun 11–Jun 12)

Professionals

-0.3%

7.2%

Managers

-2.5%

7.5%

Technicians and trades

-7.2%

11.1%

Total skilled job vacancies

-2.1%

7.5%

 

Figure 3: Skilled Vacancies Index (SVI) by industry group
Seasonally adjusted series (May 2007=100)

Figure 3: Skilled Vacancies Index (SVI) by industry group - Seasonally adjusted series (May 2007=100)
Data table for Figure 3

Figure 4: Skilled Vacancies Index (SVI) by industry group
Trend series (May 2007=100)

Figure 4: Skilled Vacancies Index (SVI) by industry group - Trend series (May 2007=100)
Data table for Figure 4

In June, online vacancies fell in all skilled occupation groups. Technicians and trades had the biggest fall (down by 7.2%), followed by managers (down by 2.5%) and professionals (down by 0.3%).

Over the year, skilled vacancies increased across all skilled occupation groups. The technicians and trades occupation had the biggest increase (up by 11.1%), followed by managers (up by 7.5%) and professionals (up by 7.2%).

Skilled job vacancies fell in most regions

On a regional basis, skilled job vacancies fell in most regions (see Table 2). The North Island (excluding Auckland and Wellington) was the only region with an increase in June (up by 3.9%).

Table 2: Skilled Vacancies Index (SVI) by region, seasonally adjusted

Region Monthly change
(May 12-Jun 12)
Annual change
(Jun 11–Jun 12)
Auckland
-0.8%
4.9%
Wellington
-7.5%
1.7%
North Island – Other
3.9%
8.5%
Canterbury
-5.0%
20.5%
South Island – Other
-2.0%
19.4%
Nationwide
-2.1%
7.5%

Figure 5: Skilled Vacancies Index (SVI) by region
Seasonally adjusted series (May 2007=100)

Figure 5: Skilled Vacancies Index  (SVI) by region - Seasonally adjusted series (May  2007=100)
Data table for Figure 5

Figure 6: Skilled Vacancies Index (SVI) by region
Trend series (May 2007=100)

Figure 6: Skilled Vacancies Index  (SVI) by region - Trend series (May 2007=100)
Data table for Figure 6

Over the year, Canterbury continues to show strong growth in skilled vacancies of any region (up by 20.5%), followed by the rest of the South Island (up by 19.4%).

Construction and engineering driving growth in Canterbury

The demand for skilled labour in Canterbury was strong over the year. Growth in job vacancies in the region was driven by demand for skilled workers in the construction and engineering (up by 46.3%) and healthcare and medical (up by 32.2%) industry groups.

SEEK Employment Index

SEEK NZ produces the SEEK Employment Index[3] (SEI) which measures the ratio of new job ads placed during the month to the number of applications. This means that as the index rises, each vacancy attracts fewer applications and the labour market tightens.

Nationally, the SEI rose by 3.7% in June and was 6.0% higher than a year ago. The rise in the SEI means that the number of new jobs listed has risen at a faster rate than applications for those jobs.

Despite the growth in job vacancies over the year, the SEI for Canterbury was 4.9% higher than a year ago. This means that the number of job applications in Canterbury has not quite kept pace with the strong growth in new jobs over the past year.

Revisions

Jobs Online is adjusted for seasonal variations. In accordance with standard statistical practice, the entire series is revised each month and this can lead to noticeable revisions of previously published figures towards the end of the data series. Table 3 below gives a summary of the revisions made to the previous Jobs Online reports over the past four months.

Table 3a: Revisions Summary - Skilled Vacancies Index

Month Skilled Vacancies Index (SVI)
Revised Previously Published1
Monthly Annual Monthly Annual
Percentage change
Feb-12
5.2
9.6
5.3
9.6
Mar-12
-0.2
3.7
-0.1
3.7
Apr-12
-4.3
-3.1
-4.2
-3.1
May-12
9.6
10.1
9.5
10.1

Table 3b: Revisions Summary - All Vacancies Index

Month All Vacancies Index (AVI)
Revised Previously Published1
Monthly Annual Monthly Annual
Percentage change
Feb-12
6.5
13.2
6.6
13.2
Mar-12
-2.9
6.0
-2.7
6.0
Apr-12
-2.2
3.5
-2
3.5
May-12
10.5
12.8
9.9
12.8

Note 1: Figures as published last month.

 

For further information

For more information on Jobs Online, see the Background and Methodology report.

For other reports visit the Labour and Immigration Research Centre or email research@mbie.govt.nz.

Future updates

This is a regular report – see our Release calendar for the the next update.


Footnotes

[1] Skilled occupations are defined as skill levels 1-3 under the Australia New Zealand Standard Classification of Occupations (ANZSCO) 2006. Skill level 3 is equivalent to an NQF level 4 qualification.