The construction industry in New Zealand is brimming with construction jobs and building opportunities, according to recent employment market statistics from the New Zealand trading and recruitment brand Trade Me. In the latest Trade Me Quarterly Market Update, advertised job vacancies were up 11 per cent last quarter compared to the same period in 2012.
Jobs Growth Strong In Auckland
The market has picked up in the second quarter after advertised job vacancies eased to 5.3 per cent year-on-year growth in March 2013, according to Head of Trade Me Jobs, Ginny Ryder.
“The buoyancy has been driven by robust growth in Auckland City and Canterbury, with listings in these areas up 15 per cent and 14 per cent respectively on a year ago,” Ryder said.
Auckland’s resurgent market was underpinned by strong activity around construction jobs, with employers chasing builders and carpenters in particular, and advertised roles up by 149 per cent.
“Employment sectors with close ties to the Super City’s well-publicised craving for residential property are screaming out for workers and the construction industry is scrambling to meet the insatiable demand,” Ryder said.
Christchurch City, which accounts for the bulk of Canterbury’s listing volumes (88 per cent), saw advertised roles grow by 15 per cent year-on-year.
63% Increase In Building And Constructions Jobs
“Activity in the trades and construction sectors of the employment market are providing a large chunk of the growth,” Ryder revealed. “Advertised vacancies for building and carpentry roles are up 63 per cent on a year ago, and this may point to a transition in the rebuild from planning into reality.”.
Ryder said Wellington also looked to have turned the corner: “There are promising signs in the capital, and it was good to see a smidgen of year-on-year growth in job listings this quarter which is a far cry from the 7 per cent decline we reported for the March quarter.”
Wellington-based roles in trades (+40 per cent), transport (+52 per cent) and banking (+46 per cent) all saw solid year-on-year increases.
Other Sectors Look Good, Too
Looking away from construction jobs and towards cross-sector results, the Kiwi employment market reveals:
- Trades and services demonstrated the strongest year-on-year growth for the quarter with advertised roles up 34 per cent
- The number of roles advertised in the construction and architecture sector had also swelled by 25 per cent, but Ms Ryder said demand in this area was decelerating
- The number of transport and logistics roles was up 30 per cent and “still growing”
- Hospitality had grown strongly in the quarter, with advertised roles up 25 per cent on 2012 – “The chatter about reductions in opening hours in places like Wellington and Christchurch doesn’t seem to have put a dampener on this sector of the employment market,” Ryder said
- Listings for IT roles dipped 1 per cent on a year ago, but IT roles remain “top of the pops” when it comes to the best-paid jobs, filling 4 of the top 5 highest salaried roles advertised onsite – “The feedback we’re hearing from advertisers is that there’s increased demand for highly specialised IT roles. We know the market is very tight and good people continue to be as rare as the proverbial hen’s teeth.”
Ms Ryder said there was no evidence of wage inflation yet, but it was on the cards. “The continued rise in NZ employment confidence, coupled with the trends around competition for top talent, means wage growth looks likely later in the year.”