Jul/14

30

NZ: More in work but jobless rate stuck

A total of 83,000 more people are in work than a year ago, but unemployment remains stubbornly high at 6 per cent and wages are barely moving.

The unemployment rate in the March quarter is well above the level of 5.6 per cent expected by the Reserve Bank earlier this year and wages rises are less than expected.

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New Zealand’s worsening skill shortage is bad news for businesses but great news for in-demand workers such as engineers.

Engineers topped the list of the hardest jobs for employers to fill in a new survey by recruitment firm ManpowerGroup, which found 59 per cent of employers are struggling to find skilled workers.

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Three of the top 10 highest paid roles for contractors are in the oil and gas sector. The highest daily rate is £2,140 for a drilling superintendent in Tanzania. This is one of six of the top 10 best paid roles based overseas.

The highest paid UK-based roles are group finance director positions, with a typical daily rate of £1,750.

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Many Aucklanders believe the best way to deal with looming budget cuts by the Auckland Council is to reduce staff and salaries, according to the latest Herald-DigiPoll survey.

The council is facing cuts of hundreds of millions of dollars a year in running costs and capital investment in a 10-year budget being prepared by Mayor Len Brown.

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1. Time things right

Many people rush at a job search and apply for roles they have little interest in or are unlikely to be shortlisted for. Not only will this pretty much guarantee rejection, it will dampen your confidence. Similarly, if you approach agencies with a poor sense of your target job, you are likely to be sidelined. The third biggest mistake is to use up all your best contacts too soon when you’re unclear how they can help. Slow down, take time to look at yourself and your confidence levels; consider how equipped you feel to summarise your strengths.

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As a job applicant, you have probably given considerable thought as to what you will say when asked, “Tell me your strengths and weaknesses.” While it’s essential to plan your talking points for a successful interview, it’s equally important to pay attention to your non-verbal cues. Your interviewer is making judgments based on what they see throughout the interview. It’s your responsibility to minimize negative distractions and let your skills and personality shine.

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The Australian economy gained 97,000 workers in the year to May 2014. Despite this reasonable growth, it is still well below rates before the global financial crisis and 2010/11, when more than 200,000 jobs were being added a year.

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Jul/14

28

NZ: Pay and jobs to creep higher

New Zealanders can look forward to only slightly better wages and jobs growth over the next four years than they have had over the past four, according to forecasts quoted yesterday by Finance Minister Bill English.

In a pre-Budget speech to the Wellington Employers Chamber of Commerce, English said the Treasury’s preliminary forecasts showed the average wage would rise from $54,700 a year to about $62,200 in 2018, an increase of $7500.

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Britain faces a growing shortage of digital skills, while stereotypical perceptions of technology careers prevent many pupils from continuing into the digital industries, according to a report published today by the UK Digital Skills Taskforce.

Announced in November last year by Labour leader, Ed Miliband, the task force was set up with the aim of closing the skills gap in the British work force.

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UK unemployment fell by 121,000 to 2.12 million in the three months to May, official figures show.
The figure is the lowest level in nearly six years, according to the Office for National Statistics (ONS).
The rate of unemployment also fell again, to 6.5% from 6.6% in the three months to April.

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