Job advertisements fall for a second month
Photo:
123RF
The mid-year economic slowdown appears to be weighing on the job market with job advertisements falling for a second month.
Data from employment website Seek NZ showed job ads fell 3 percent in June from
a month earlier
, and 3 percent lower than a year ago.
Applications per job ad - recorded with a one-month lag - were down 2 percent monthly.
It comes as various
economic datasets point to the country's economic recovery stalling
in the middle of the year.
Seek country manager Rob Clark said job ad levels remained broadly flat for the past year.
"While the volume remains below pre-Covid levels, there are pockets of growth, which should be cause for some optimism," he said.
Job ad volumes were mixed across the regions, with Gisborne, Marlborough and Southland the only region to see month-on-month growth in June.
In Auckland and Canterbury, volumes fell 2 percent in June, while Wellington fell 4 percent. Otago was flat, while Waikato fell 4 percent.
The only industry to see an increase in volumes was Information & Communication Technology, with more demand for ICT managers and networks & systems administrators.
"Despite a monthly dip in June, demand within government and defence has jumped 51 percent year-on-year, and we're seeing a growing number of industries return to annual growth within the professional and consumer services sectors," Clark said.
Sign up for Ngā Pitopito Kōrero
,
a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RNZ News
38 minutes ago
- RNZ News
Why buying a house can seem stressful and overwhelming
Nearly one in four, and 46 percent of those aged 18-29, said they felt overwhelmed by the thought of having to select the perfect property. Photo: Unsplash/ Artful Homes It might be a big financial goal for many New Zealanders but buying a house can also be an emotionally difficult experience. Research from Trade Me Property shows that 80 percent of people say it's stressful - ranging from 81 percent of those aged under 30 through to 68 percent of those over 54. The stress was driven by competitive conditions, rising costs and the number of options buyers had to deal with. Nearly one in four, and 46 percent of those aged 18-29, said they felt overwhelmed by the thought of having to select the perfect property. More than half of those surveyed said they had experienced fear of missing out while house hunting, rising to 79 percent for those aged 18 to 29. "The process of moving can be a significant source of psychological stress," said clinical psychologist Dougal Sutherland. "It often involves financial pressure, time constraints, and a series of high-stakes decisions, all of which can contribute to feelings of anxiety, uncertainty, and mental strain." Getting married, moving or buying a house and public speaking were the three things that people most often reported causing high levels of stress, he said. "Anything where you've got ambiguity, unpredictability and newness, where it's something you've not done before. Those are the key ingredients creating stress. "House buying, for many of us, fits into that category. We might only do it once or twice, maybe three times in our lives. You've got some high stakes, lots of money, you might be thinking 'gosh this is going to be my forever house'. It can be easy to feel stressed." People could help reduce their stress by focusing on what they could control, rather than external factors such as what other people might offer or what was available on the market, he said. "Use any tools or devices or aids that can help you focus on the things you can control ... think about the area and the price bracket you're looking in so you're not pulled off in different directions." He said the more people could get a sense of control and predictability, the better. The industry could help by offering more guidance and support for buyers, he said. Economist Ed McKnight, from property firm Opes Partners, also had some advice. People should try to take the emotion out of their decisions as much as they could, he said. When he was considering a purchase, he would make a spreadsheet of the properties he was considering, including how many bedrooms and bathrooms they had, what the CV was, and what it might sell for. "I add them all in so I can look objectively at all the different properties and rate them," he said. It was a similar approach to the advice given to people who were struggling with other worries - to start writing a diary to get it out of their heads, he said. "There's some truth to that. In my economics-focused way, I do the same thing. Get it out of your head on to paper so you can look at the facts. One thing that causes stress is we as humans struggle to weigh up how much do we weight that we really like that bathroom, that it's in a good school zone ... get it down on paper, write out the pros and cons, figure out which ones do we like best. So much stress happens in your head because you have to remember the facts and weigh them up. When they're on paper you can look at what is the best decision to make." People should also be prepared to lose a house, he said. "Whatever house you look at, whatever you like, there will always be another one. It's like when you get broken up with by your first girlfriend you think 'how will I ever recover' but then you realise life goes on, there's plenty more fish in the sea ... it's the same with property." Building valuations and other expenses needed to be thought of as sunk costs that was already gone, he said, so that people did not spend more money trying not to waste what had been paid. "You don't have to go and buy that property because spent $1000 on the building inspection if you find it's not the right property for you. Human psychology is such that you think you need to get a return but once you've spent the money you still need to think 'what is the best decision for me now?'" Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
NZ Herald
11 hours ago
- NZ Herald
Cryptopia customer tried to bribe court registrar for information about company's case
A man claiming to be an affected party in the collapse of a multimillion-dollar cryptocurrency company has tried to bribe a court registrar to release information related to the case for $2 million in Bitcoin. New Zealand-based company Cryptopia was allegedly hacked in January 2019, leading to the loss
RNZ News
12 hours ago
- RNZ News
Auckland City Rail Link maps go up at Britomart
Photo: RNZ/Calvin Samuel A glimpse of a new era in Auckland Transport was unveiled on Monday. At Britomart Station, an updated map gives commuters a preview of the new stations and rail lines it will use when the long-awaited City Rail Link (CRL) opens. The over-budget and over-time CRL is nearing completion, but officials are not ready yet to say exactly when it will open. Auckland's Onehunga, Eastern, Western and Southern lines are being replaced by the Onehunga-West line, the East-West line and the South-City line, new routes detailed in the new map. It is hoped the re-configured network will make it easier for Aucklanders to get around town, as more trains run from more stations - like ones near Karangahape Road and in Mt Eden - more frequently, and link with express buses. Work began on the $5.5 billion CRL in 2017. It was due to be completed last year, and its initial cost was expected to be between $2b and $3b . Auckland Transport chief executive Dean Kimpton said capacity on the network had been boosted. "Currently at peak into the city, we have about 12,000 people per hour," Kimpton said. "The capacity we're creating though the new CRL, day one, will be up to 19,000. Quite the number of people will depend on demand, but we have that capacity ready and available to go." Dean Kimpton unveils the new CRL transport map at Britomart, August 2025. Photo: Finn Blackwell / RNZ Parts of Auckland's rail network had been temporarily closed this year for upgrades ahead of the CRL opening, causing significant disruption. Kimpton said the work was necessary. "We have got very specific planned disruption between our CRL-go-live, and that's designed to bring the network up to a standard to support the frequency that CRL anticipates, and that's the rail network rebuild programme." KiwiRail programme director Bobby Fischer said the short-term pain for commuters was part of a bigger picture. "We're going through a significant period of investment in the network that is all in the lead up to CRL opening, once the CRL is open that level of disruption will reduce significantly." She said KiwiRail has run more than 1600 test trains on the network since February. Photo: RNZ/Calvin Samuel "There's a lot of system testing that's going on, from the signalling system right through to the station system - so the emergency systems testing, ventilation system etcetera, to make sure that when we open everything operates seamlessly as it's meant to," Fischer said. Auckland Councillor Andy Baker said the CRL build had been big for the city. "Politicians we're always pretty keen to find something to grizzle about," he said. "But I think there is, underneath it all, a level of excitement and acceptance that this is what it is." As for an exact date for next year's opening, Kimpton said that was still up in the air. "There's still a lot to be done, and we don't want to promise a date until we're ready to promise a date, but you can be sure when we know, you'll know." Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
