NZ Economy: More Employers Planning To Hire Staff
June 18th, 2010
The latest Manpower Employment Outlook Survey Employer has found hiring activity in NZ is expected to continue its uphill climb back to a pre-recession pace in the third quarter. Job seekers should find the most opportunities in the Manufacturing and Services industry sectors in the quarter ahead.
The seasonally adjusted Net Employment Outlook is at +18%, a moderate improvement of 5 percentage points from the last quarter. The number of employers planning to increase hiring has dropped slightly. Manpower says employers are showing responsible levels of optimism. But the company warns ” we don’t want to see things ramp up too quickly - no one wants to see a wages breakout that has the potential to push up inflation and interest rates.”
But as the unemployment rate begins to fall, Manpower is warning employers skills shortages are on their way back. It says re-skilling and up-skilling existing employees and new hires, and looking for candidates outside traditional skill fields is going to become increasingly necessary, otherwise recovery could be hindered.
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