New data shows hiring pace in New Zealand is expected to remain active in the third quarter this year
Manpower Employment Outlook Q3 2014
New Zealand, 10 June 2014 - New Zealand’s employment outlook is expected to remain strong in quarter three, falling one
percentage point from last quarter, to a Net Employment Outlook (NEO) of +25%, according to the latest Manpower
Employment Outlook survey results.
The survey, which asked over 600 New Zealand employers about their hiring intentions for the coming quarter, found 33%
plan to increase hiring, 7 per cent plan to decrease, and 59% reported no change.
Lincoln Crawley, Managing Director ManpowerGroup Australia and New Zealand said access to skills is a major concern for
employers across New Zealand.
“The positive employment outlook for this quarter can be attributed to the significant investment in infrastructure in
both Auckland and Christchurch.
“It is expected that infrastructure has reached its peak rate, now that key projects such as the $750 million Justice
Precinct in Christchurch are underway and little government investment in infrastructure is anticipated prior to the
September 20 election.
“Looking at the rebuild, residential construction is well underway, however, commercial construction is still in its
infancy and expected to continue to pick up toward the end of the year. This means the strong demand for workers in
construction at all levels, from trade workers to project managers to engineers, will continue.
“Sectors and businesses that feed into the construction industry, like Manufacturing, and Transport and Utilities, are
also experiencing strong hiring outlooks,” concluded Crawley.
“Annual Net migration in NZ is on the increase, with recent figures showing a net gain of 34,000 permanent and long-term
migrants, well above the long-term average of nearly 12,000 during the past 20 years. This should help alleviate some of
the skills shortages, however, will also drive the need for more residential developments,” he said.
Finance, Insurance & Real Estate employers reported their strongest result since the second quarter of 2005 at +41%, employers in the
Transport and Utilities sector, reported an increase e of percentage points from last quarter to an NEO +37%. Employers
in both Public Administration and Wholesale Trade & Retail Trade reported positive quarter-on-quarter increases, recording an NEO of +21% and +20%, respectively.
The Outlook in all three regions declined slightly in a quarter-on-quarter comparison; the forecast in both Christchurch
and Wellington dipped two percentage points to +25% and +26%, respectively, while Auckland was down one percentage point
to +26%.
Mining & Construction dropped twelve percentage points quarter-on-quarter, but the sector’s employers maintain the third most
positive outlook across all sectors, with an NEO of +35%. The Outlooks in the Services and Manufacturing sectors also
dropped one percentage point and five percentage points, respectively.
In a comparison across organisational size, Micro-businesses recorded an NEO of +15, a five percentage point fall from
last quarter. Small business recorded an NEO of +27, down three percentage points from last quarter and Medium recorded
an NEO of +33%, up five percentage points from last quarter. Large business experienced a four percentage point fall to
an NEO of +19%.
Table 1. Net Employment Outlook Comparison by Region
Q3 2014Quarter-on-Quarter ChangeYear-on-Year ChangeNational+25%-1%+4%Auckland+26%-1%+4%Christchurch+25%-2%+7%Wellington+26%+2%+1%
Table 2. Net Employment Outlook Comparison by Sector
NEOQuarter-on-Quarter ChangeYear-on-Year ChangeFinance, Insurance & Real Estate+41%+3%+10%Manufacturing+20%-5%+4%Mining & Construction+35%-12%+12%Public Administration+21%+8%+6%Services+30%-1%+3%Transportation & Utilities+37%+3%+1%Wholesale Trade & Retail Trade+20%+1%0+
Table 3. Net Employment Outlook Comparison by Organisation Size
Q3 2014Quarter-on-Quarter ChangeYear-on-Year ChangeMicro+15%-5%-1%Small+27%-3%+6%Medium+33%+5%+7%Large+19%-4%+3%
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ENDS