Latest / Best of Business / Rob Clark: SEEK Country Manager says number of job ads posted to site continue to drop

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Rob Clark: SEEK Country Manager says number of job ads posted to site continue to drop · Best of Business

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  Speaker 2: The job starts for June there with us adds it
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  Speaker 2: down for the second month in a row, we've seen
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  Speaker 2: a full of three percent applications per job though interestingly
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  Speaker 2: also down two percent. But what's going on in the
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  Speaker 2: public sector? Government and defense is up fifty one percent.
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  Speaker 2: Defense I get because they've got issues anyway. Rob Clark
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  Speaker 2: is six Country manager in his back with It's Rob Morning,
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  Speaker 2: Good morning. The big number rises that we're seeing here
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  Speaker 2: the government Information and Tech ICT managers up forty two percent.
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  Speaker 2: Is that a bit of monthly noise or is something
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  Speaker 2: going on there?
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  Speaker 3: It's a bit of monthly noise. Really. ICT have had
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  Speaker 3: it sort of a bit tough over the longer term,
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  Speaker 3: but they did have quite a good June and a
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  Speaker 3: couple of roles in particular, you know, saw some quite
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  Speaker 3: strong demand.
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  Speaker 2: Okay, the government in general, is there something going on there?
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  Speaker 3: Well, it's worth noting that this time last year at
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  Speaker 3: the absolute bottom, and we all know that they've been
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  Speaker 3: through some pretty torrid times in Wantington in general. So
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  Speaker 3: what we're seeing there is just a bit of a
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  Speaker 3: rebound from a very very low base.
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  Speaker 2: Okay, the applications per job is that people walking away
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  Speaker 2: from the market or they went and got a job.
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  Speaker 3: That is just a situation where you know, the supply
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  Speaker 3: of talent is outstripping a demand and so there's just
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  Speaker 3: simply a lot of people applying for fewer roles.
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  Speaker 2: Yeah, but there's not as many as there were. I mean,
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  Speaker 2: normally you're seeing an increase in the number of people
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  Speaker 2: applying for limited number of roles, and that number is dropping.
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  Speaker 2: That indicates either they've got work or they can't be
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  Speaker 2: bothered looking anymore, doesn't it.
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  Speaker 3: Well, it's a pretty small drop. We're still at record level,
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  Speaker 3: so I wouldn't read into anything into one particular month
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  Speaker 3: because that's been growing for quite some time. So it
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  Speaker 3: still remains really competitive out there. For Jake Secers.
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  Speaker 2: Do we know at any given stage what part of
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  Speaker 2: the job market is filled by people who may or
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  Speaker 2: may not work depending on their mood or vibe or circumstances,
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  Speaker 2: versus people who have to work.
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  Speaker 3: Well, el stats in New Zealand's probably the best place
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  Speaker 3: to look at that in terms of the unemployed, and
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  Speaker 3: you know, those who choose to work and choose to work.
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  Speaker 3: The participation rate in New Zealand is typically quite high,
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  Speaker 3: so the proportion of the working population as higher rele
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  Speaker 3: to the total population and sort of as slightly higher
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  Speaker 3: than Australia typically. So yeah, we're still seeing a lot
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  Speaker 3: in that regard, more in the part time space recently,
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  Speaker 3: just as people look for any kind of role they can.
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  Speaker 2: There's only three regions that went up, Southland, Gisbon, Marlborough.
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  Speaker 2: Is there something specific there? Is that hot related? Is
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  Speaker 2: the region going off? What's happening?
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  Speaker 3: We would see that as sort of monthly noise. Really,
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  Speaker 3: you know, we saw a bit of a bump, and
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  Speaker 3: those markets are relatively small, so we see a bit
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  Speaker 3: of up and down.
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  Speaker 2: Particularly Fortune. I was hoping for something a bit better
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  Speaker 2: than that. But it's not your fault. All the other
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  Speaker 2: regions are the rest of the country have gone down.
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  Speaker 2: When's the bottom, Well, we think we're.
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  Speaker 3: At the bottom. You know, if you think about the
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  Speaker 3: last twelve months, it's literally been flat and so it's
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  Speaker 3: just a bit of a grind, as our customers would
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  Speaker 3: describe it. We still see air where roles are hard
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  Speaker 3: to fill, particularly the highly skilled areas but by and
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  Speaker 3: large it's just a flat mark at the moment. Having
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  Speaker 3: said that, there's still seventeen thousand jobs on seat as
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  Speaker 3: of this morning, so there's still a bit of activity
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  Speaker 3: going on.
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  Speaker 2: Good stuff, Rob, appreciate your expertise as always, Rob Clarke,
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  Speaker 2: who is the SIAK Country Manager.
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