THE VACANCY REPORT
After rising month on month through 2010, advertised job vacancies fell in November for the first time this year. This reflects a regular seasonal pattern as many employers delay hiring until the New Year.
However at the same time the Ministry of Social Development says unemployment numbers are now dropping by several hundred a week.
We believe those people coming off the unemployment benefit are getting work in the traditional "summer jobs" in retail, hospitality and on the land. It's also likely increasing numbers are leaving for Australia, where huge infrastructure projects are generating big demands for staff.
Falling unemployment figures suggests there will be less people available to fill vacancies in the New Year, so if you need to strengthen your team the best time to act is NOW!
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LOOKING INTO THE CRYSTAL BALL
As 2010 draws to a close we've looked into our crystal ball to see five job market trends that could effect your organisation in the New Year.
However no special powers were required for these predictions, as most of them are already being noticed within our client base.
Aust. companies agressively advertising for NZ workers
Staff turnover up as people change jobs for more money
Pressure on pay rates after 2+ years of wage stability
Growing skills shortages in trades & service positions
Unemployment rate heading down below 6% during 2011
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