Employment outlook in New Zealand starts 2017 in a buoyant state

by Ray Clancy on January 5, 2017

People looking for jobs in New Zealand from overseas will find a buoyant jobs market with vacancies up in Auckland and Wellington.

Information and communications technology jobs dominated the employment sector in New Zealand in 2016 but there was also high demand for social workers and teachers.

worker-jobs-workThe most up to date data from jobs site SEEK shows that there were 9.3% more jobs advertised in November 2016 than the same month in 2015, but there are more openings in some regions than others.

Jobs advertised increased by 11% in Auckland year on year driven by IT, advertising and manufacturing vacancies, while in Wellington they were up just 3.1%, dominated by ITC, and Canterbury was much weaker with adverts falling 5.7%.

At the same time unemployment is down in New Zealand to 4.9%, the lowest rate since December 2008, signalling that the employment market is buoyant.

Education, Skills and Employment Minister Steven Joyce said that the positive figures show that the Government’s comprehensive economic plan is working, creating more jobs and higher wages.

Indeed the data shows that average weekly wages are up 1.9% year on year and overall labour market participation is now 70.1%, the highest since the series began in 1986.

Joyce pointed out that for the first time Statistics New Zealand has recorded data on employment relationships which shows that 90% of people in paid employment are in permanent jobs.

‘This confirms the vast majority of New Zealanders are in stable long term employment. New Zealand has recovered strongly from the global financial crisis,’ Joyce said.

‘The Government’s comprehensive Business Growth Agenda will continue to create the economic conditions to drive long term employment growth and higher wages,’ he added.

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