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

Jobs Online monthly report – October 2012

Published: November 2012

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

Increase in online vacancies in October

Jobs Online shows, in seasonally adjusted terms, that skilled[1]job vacancies increased by 5.6% in October, following a fall in September. Similarly, all job vacancies increased by 4.7% in October, following a fall in September.

Skilled job vacancies increased in most regions, most industry groups and all skilled occupation groups.

The trend in skilled vacancies has been flat since June 2012, although there has been some variation from month to month (see Figure 1).

Over the year, skilled vacancies increased by 14.2% and all vacancies increased by 15.0%

Figure 1: Skilled Vacancies Index
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
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 although monthly changes in vacancies still remain volatile. Results from recent business confidence surveys[2] show hiring intentions have eased but remain positive. The weak employment results from the September 2012 quarter Household Labour Force Survey (HLFS) show that the labour market is still facing significant challenges. This is consistent with the trend in skilled vacancies which has been flat since June 2012. The Ministry forecasts employment to grow by 1.8% between 2012 and 2013 (March years) and by 2.1% between 2013 and 2014 (March years)[3]. Employment growth is expected to be the strongest in highly skilled jobs.

Skilled job vacancies increased in most industry groups and in all skilled occupation groups

In October, skilled job vacancies increased in most industry groups (see Table 1). The largest growth was in hospitality and tourism (up by 9.9%) and sales, retail, marketing and advertising (up by 5.3%). Accounting, HR, legal, and administration was the only industry group that had a fall over the month (down by 1.8%).

Over the year to October 2012, skilled job vacancies increased in most industry groups. The demand for skilled workers was the strongest in construction and engineering (up by 39.1%), followed by health and medical (up by 22.7%) and hospitality and tourism (up by 20.4%).

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

Industry Monthly change
(Sep 12-Oct 12)
Annual change
(Oct 11-Oct 12)
Hospitality and tourism
9.9%
20.4%
Sales, retail, marketing and advertising
5.3%
5.8%
Construction and engineering
4.5%
39.1%
Health and medical
4.4%
22.7%
Information technology
4.3%
6.4%
Education and training
4.2%
4.3%
Accounting, HR, legal and administration
-1.8%
-0.1%
Other
6.2%
22.5%
Occupation Monthly change
(Sep 12-Oct 12)
Annual change
(Oct 11-Oct 12)
Technicians and trades workers
8.6%
29.5%
Managers
5.9%
7.2%
Professionals
5.5%
11.1%
Total skilled job vacancies
5.6%
14.2%

Figure 3: Skilled Vacancies Index 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 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 October, job vacancies increased in all skilled occupation groups. The demand for technicians and trades workers was the strongest (up by 8.6%), followed by managers (up by 5.9%), and professionals (up by 5.5%).

Over the year, job vacancies increased across all skilled occupation groups. Technicians and trades workers had the biggest increase (up by 29.5%), followed by professionals (up by 11.1%) and managers (up by 7.2%).

Skilled job vacancies increased in most regions

Skilled job vacancies increased in most regions in October (see Table 2). The main centres had the strongest growth in skilled job vacancies, led by Auckland (up by 5.4%). The South Island (excluding Canterbury) was the only region that showed a fall over the month (down by 1.5%).

Table 2: Skilled Vacancies Index by region, seasonally adjusted

Region Monthly change
(Sep 12-Oct 12)
Annual change
(Oct 11-Oct 12)
Auckland
5.4%
8.6%
Wellington
5.1%
14.4%
North Island – Other
4.3%
10.8%
Canterbury
5.0%
36.5%
South Island – Other
-1.5%
13.5%
Nationwide
5.6%
14.2%

Figure 5: Skilled Vacancies Index 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 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 showed the strongest growth in skilled vacancies of any region (up by 36.5%), followed by Wellington (up by 14.4%) and the rest of the South Island (up by 13.5%). Figure 5 and Figure 6 shows strong growth in skilled job vacancies in Canterbury, especially since the February 2011 earthquake, while growth in Auckland and Wellington has been relatively stable.

Construction and engineering driving vacancy growth in Canterbury

Growth in job vacancies in Canterbury was driven by the construction and engineering (up by 108.4%) industry as the Canterbury rebuild continues to boost demand for labour in the region. There was also strong growth in the hospitality and tourism (up by 59.1%) industry group

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
Revised Previously Published*
Monthly Annual Monthly Annual
Percentage change
Jun 2012
-2.3
7.5
-2.3
7.5
Jul 2012
-1.7
5.3
-1.8
5.3
Aug 2012
3.8
7.8
3.7
7.8
Sep 2012
-5.7
3.7
-5.4
3.8

*Note 1: Figures as published last month

Table 3b: Revisions Summary - All Vacancies Index

Month All Vacancies Index
Revised Previously Published*
Monthly Annual Monthly Annual
Percentage change
Jun 2012
-3.6
6.7
-3.7
6.7
Jul 2012
0.4
9.1
0.5
9.1
Aug 2012
2.3
7.8
2.3
7.8
Sep 2012
-4.5
4.5
-4.5
4.5

*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 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.

[2] Quarterly Survey of Business Opinion (QSBO) September 2012 and ANZ Bank Business Outlook October 2012

[3] Ministry of Business, Innovation and Employment (September 2012) Quarterly Labour Market Report September 2012