The Jobs Online measure from New Zealand’s Ministry of Business, Innovation and Employment has seen online jobs increase by just 0.6 per cent for the month of July 2018. The measure charts job advertisements from four internet job boards – SEEK, Trade Me Jobs, Education Gazette and Kiwi Health Jobs. It was created on the basis that job vacancies are an important indicator of labour demand and changes in the economy.
The trend series is used as the primary indicator as it reduces the month-to-month volatility. The All Vacancies Index increased by 0.6 per cent in the month of July 2018.
Vacancies increased in eight of the ten industry groups. The largest contributors were healthcare and medical (up 1.5 per cent), the education and training (up 1.3 per cent), and IT (up 1.1 per cent) industries.
Vacancies also increased in six out of eight occupation groups. The largest increases were for machinery operators and drivers (up 1.5 per cent), and labourers (up 0.9 per cent).
In terms of skill levels vacancies increased in all five areas. The largest increases were for skilled and highly skilled occupations up 0.7 and 0.6 per cent respectively. Vacancies increased in nine out of ten regions over the month, with the biggest increases in Nelson/Tasman/Marlborough/West Coast (up 2.0 per cent) and Waikato (up 1.8 per cent). Finally the measure gave an indication of an annual trend with online vacancies increasing by 7.1 per cent.