The number of skilled vacancies advertised online in New Zealand rose 1.1 per cent last month to its highest level in nearly six years as the Canterbury rebuild increased demand for skilled construction workers and engineers, according to the Ministry of Business, Innovation and Employment.
The skilled vacancies index increased to a seasonally adjusted 121.5, the highest level it's been since April 2008, the ministry's Jobs Online report shows.
On an annual basis, skilled vacancies climbed 7.4 per cent in the year to December, with eight out of 10 regions across the country posting an increase.
Business confidence is at historically high levels as a reluctance by firms to push up prices puts pressure on expected profitability, according to a survey by the New Zealand Institute of Economic Research. Respondents said they expected to hire more staff in the coming quarter, but NZIER found much of the labour market was concentrated in a few regions and industries.
Canterbury-based skilled vacancies rose 0.3 per cent in the month and 8.3 per cent on an annual basis. The region has the highest measure of skilled vacancies fuelled in part by demand for construction and engineering workers as the rebuild picks up after earthquakes in 2010 and 2011.