Combined Roadshow March 06

1
Department of Labour Skills in the labour market
New insights
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Overview

• Labour market context
• Job Vacancy Monitoring Programme (JVMP) analysis
  of shortages
• Job Vacancy Monitor
• Survey of Employers who have Recently Advertised
• Occupational Reports
• Possible uses of labour market information
• Where can I find more information?

3
Skill shortages at near 30-year highs

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Shortages of skilled and unskilled staff

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JVMP structure
1. Job Vacancy Monitor Monthly analysis of
advertised vacancies
Monthly JVM report

3. In-depth occupational analysis Analysis of
external and internal supply and demand data for
selected occupations
2. Survey of Employers who have Recently
Advertised Annual survey to establish which
occupations are in shortage and understand
reasons why they are in shortage
Annual occupational reports
Annual summary report
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Job Vacancy Monitor

• Monthly count and analysis of advertised
  vacancies in 25 newspapers and 2 IT
  internet-based job boards
• Provides an overview of developments in the whole
  labour market
• Measures changes in tightness of the labour
  market / changes in recruitment conditions

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Total advertised vacancies Nov/Dec 2002 2005

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Survey of Employers who have Recently Advertised
(SERA)

• SERA Extensive
• Aims to identify skilled occupations in which
  employers are having difficult filling vacancies
• SERA Intensive
• Aims to gain further knowledge of the causes of
  shortages in each occupation

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SERA Changes from 2003 to 2005

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Changes in fill rates 2003 2005

Fill rate proportion of vacancies filled 6-10
weeks (trades) or 8-10 weeks (professionals/
semi-professionals) after advertising
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Professionals, semi-profs, techniciansExamples
of fill rates by occupation

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TradesExamples of fill rates by occupation

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In-depth reports

• Analyse how supply and demand forces contribute
  to skill shortages
• Detailed reports on 16 trades and 10 professions
  published in 2005
• A further 14 trades, 12 professions, and 3
  semi-skilled planned for 2006

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A framework for analysing workforce dynamics

Job Vacancy Monitoring Programme JVM advertised
vacancy trends SERA employer recruitment
experiences
Capacity
Opportunities
Training Migration Demographics Occupational
mobility
Economic employment growth Changing work
patterns including future growth
Fill Rate Number of suitable applicants per
vacancy
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Possible uses of labour market information

• For planning education and training provisions
• To complement other industry information on
  growth opportunities and changes
• To inform careers advisers and other
  intermediaries

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Information sources

• WorkSite
• www.worksite.govt.nz
• Job Vacancy Monitor
• www.dol.govt.nz/jvm
• SERA summary results
• http//www.dol.govt.nz/PDFs/sera-key-findings.pdf
  
• Occupational reports
• http//www.dol.govt.nz/publications/jvm/job-ad-tr
  ades.asp