NZ’s job ad growth outshines Australia’s

While the mining industry is fuelling employment opportunities in Western Australia, results highlight stronger growth in new jobs in New Zealand than Australia, with the Seek New Job Ad Index rising 12 percent higher locally in the last month.

Seek NZ GM Janet Faulding says the latest upswing is partly due to signs of stabilising job market conditions in Australia, but also an encouraging indicator of an increasingly positive employment landscape in New Zealand:

“While the ‘Oz exodus’ and stories of Kiwis heading to Australia in search of work have dominated headlines recently, it’s important to note that our local job market is in good shape and that career opportunities at home are increasing.”

Meanwhile in more encouraging news for Kiwi jobseekers, the Seek Employment Index (SEI) rose 3.7 percent in June and now sits 6 percent higher than year earlier.

The SEI measures the ratio of new job ads listed on Seek to applications received for those jobs. This increase shows that the number of new jobs listed on has grown at faster rate than applications for those jobs, resulting in more favourable conditions for jobseekers.

While acknowledging the positive news for jobseekers, Faulding says the flipside is that there are likely to be higher levels of competition among employers looking to fill roles.

“Employers will need to work harder to impress and attract the top candidates as jobseekers have the luxury of being more selective with the roles they apply for,” she says.

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