SEEK New Zealand Employment & Salary Trends Report

Published: Thu 16 Apr 2020 12:55 PM
Q1: January – March 2020
Impact of Covid-19 on NZ employment becomes clearer16 April 2020, NEW ZEALANDSTATE OF THE NATION:SEEK job ad listings have dropped, down -11.0% nationally compared to Q1 2019Comparing Q1 2019 to Q1 2020;Only four industries demonstrated job ad growth, being; Community Services & Development (16.0%), Government & Defence (8.4%), Farming, Animals & Conservation (3.2%) and Banking & Financial Services (1.6%)Industries showing the greatest decline in job ads were Engineering (-24%), Science and technology (-22.8%), Sales (-21.9%), Call Centre & Customer Services (-19.4%) and Construction (-18.8%)The average advertised salary in New Zealand is $82,576, up by 3.4%STATE OF THE REGIONS:Three regions saw job ad growth; Gisborne, Manawatu and Tasman, up 3.5%, 0.8% and 0.4% year on year to Q1 2020.The rest of the country experienced a decline. Those areas hardest hit were: West Coast (-20.3%), Canterbury (-18.7%), Otago (-15.2%), Bay of Plenty and Marlborough (-12.6%) and Auckland (-11.8%).
The SEEK New Zealand Employment Report for Q1 2020 shows a downturn in job ads in comparison to the same period in 2019 with -11.0% fewer jobs advertised year on year.
SEEK New Zealand General Manager, Janet Faulding says: “The impact of COVID-19 on the employment market has been swift and extreme with quarter one showing an -11% decline in job listings compared to the same time last year. The drop in job advertising accelerated in March. Over 85% of job sectors on have seen a drastic drop in listings advertised.
“While the drop has been dramatic and the impact on the employment market, significant, there is still some demand for workers.
“Community Services and Development continue to show a strong demand for workers, as is the agricultural sector (Farming, Animals and Conservation). New Zealand boasts an impressive primary sector that continues to function even during the lockdown. This is likely to be linked to regions such as Gisborne and the Bay of Plenty seeing a rise in job listings during this time,” says Ms Faulding.SALARY TRENDS
New Zealand’s average advertised salary increased by 3.4% to $82,576. The greatest jump in advertised salary came from the regions of Gisborne, up 9.3%, Bay of Plenty up 6.6% and Taranaki up 4.8%. The major cities also posted advertised salary growth; Auckland up 2.8%, Canterbury up 3.2% and Wellington up 4.3%.
Table 1: SEEK advertised salaries January - March 2020 vs January - March 2019Region
Percentage Change
(3me/3me annual)Average advertised salaryGisborne9.3%$73,840Bay of Plenty6.6%$77,368Taranaki4.8%$81,766Hawkes Bay4.6%$71,218Wellington4.3%$90,684Waikato3.7%$76,927Manawatu3.6%$71,710Canterbury3.2%$77,878Otago3.0%$73,440Auckland2.8%$84,128Southland2.5%$70,204West Coast2.2%$73,788Northland-0.5%$70,618Tasman-1.5%$70,634Marlborough-2.6%$68,290

Next in Business, Science, and Tech

Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action
By: BusinessNZ
The home printer market is broken
By: Digitl
SFO Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
By: Serious Fraud Office
Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys
By: Commerce Commission
Robust Balance Sheets Yield Faster Economic Recovery
By: The Reserve Bank of New Zealand
Transpower Releases Independent Report Into Events Of August 9
By: Transpower
View as: DESKTOP | MOBILE © Scoop Media