New
average salary figures released by job website Seek aren't reflective
of wages throughout the country, an economic commentator says.
The average salary for jobs advertised on the website rose by $1000 over the past five months to $72,700.
But
financial journalist Bernard Hickey told Firstline only those working
in high-skill jobs such as IT, construction and engineering are reaping
the benefits.
"Its accurate that wages on Seek have gone up, but it's not representative of wages paid to everyone in New Zealand, he says.
"In lower-skilled jobs that aren't in such demand we're not seeing wage growth."
A more accurate figure would be to look at real GDP per capita which has actually fallen 1.3 percent since 2007.
"The
[financial] recovery's fruit has been spread pretty thinly among the
bulk of the population and it's gone to those with higher skills and
those with assets - stocks and property."
Mr
Hickey says salaries in Christchurch and Taranaki are on the rise
because of demand in construction and energy sectors respectively.
Rising wages in high skilled jobs were indicative of an improving economy, he says.
"The
jobs advertised on Seek are the ones they're really struggling to get
someone for. If you're an employer looking for an engineer in
Christchurch or an architect in Taranaki, you're going to have to fight
hard to get someone for that job."
3 News Fri, 28 Jun 2013 4:33p.m.
Read more: http://www.3news.co.nz/Pay-figures-dont-reflect-NZ-job-market/tabid/421/articleID/303105/Default.aspx#ixzz2XULMGp3n
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