9 Nov 2023

More job seekers, fewer vacancies - Seek

6:25 am on 9 November 2023
Man trying to find work with online job search engine on tablet.

Photo: 123RF

The number of people applying for jobs is on the rise as the number of jobs on offer shrinks.

Employment firm Seek said job ads fell by 6 percent in October on September, with all regions aside from Taranaki recording a decline.

Some of the largest industries by job ad volume, such as manufacturing, transport and logistics, and administration and office support, drove the overall decline, though not all industries fell month-on-month.

Education and training, hospitality and tourism, and accounting were among the six industries to record a rise in demand for workers.

The latest available data indicated the number of applications per job ad rose in September by 4 percent, after dropping in August.

Unemployment figures show the number out of work is at its highest in two years, while wage inflation is dropping.

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