EXECUTIVE SUMMARY NOVEMBER 218 218 CareerJunction.
HELLO The CareerJunction Index (CJI) represents online labour dynamics in South Africa by providing a detailed analysis of the relative ratio of supply and demand in the online job market. The CJI is based on comprehensive data gathered from the CareerJunction website. The CJI is the first index of its kind that directly monitors the online labour market in South Africa by examining supply and demand trends. The information is based on professions across all industries. The CJI analysis serves as a foundation for potential HR solutions & strategies. It enables recruitment agencies and businesses to focus on specific and relevant occupations when developing their retention strategies. OUR KEY FINDINGS The CareerJunction Index settled at 98 index points for November, indicating no noteworthy changes in labour market conditions. Job volumes were down by 2% in November and a further decrease is expected for December, as the year draws to a close. Year-on-year, skills demand has decreased significantly in the medical & health, sales, admin, office & support and marketing sectors (25%-5%). However, a strong demand persists for professionals in finance, business & management, IT and architecture & engineering. Trending jobs for November include roles in executive management, purchasing & procurement and building project management. For more labour market findings, read the full CJI Executive Summary report. We explore the following online labour market dynamics: The current online labour market trends. Online labour demand trends. Online labour supply trends. Rising and falling trends; The identification of skills shortages. Analysis of labour cycles. The identification of strategies to alleviate the effect of a decreasing supply of candidates. WHO WE ARE CareerJunction is one of the leading online recruitment solutions in South Africa. We provide an online service to recruiters and job seekers and has been at the forefront of technological developments in the Online Recruitment space in South Africa since 1997. For more information or media enquiries, please get in touch. Email: recruiter.support@careerjunction.co.za Phone: +27 21 818 867 / Fax: +27 21 818 869 Social: Get our job app on 218 CareerJunction.
TRENDING Trending jobs provide an indication of positions that have become more popular in the online job market and has seen a recent spike in demand. Here are November s Hot Jobs! Executive Management / Director Average salary offerings for executive level position: GP: R 7,5 to R 85,69 p.m. (CTC) WC: Not enough information available. KZN: Not enough information available. Purchasing & Procurement Average salary offerings for an intermediate level position: GP: R 28,148 to R 36,572 p.m. (CTC) WC: R 23,889 to R 32,685 p.m. (CTC)) KZN: Not enough information available. Building Project Management Average salary offerings for an intermediate level position: GP: R 39,286 to R 48,36 p.m. (CTC) WC: R 27,526 to R 34,764 p.m. (CTC) KZN: Not enough information available. MOST WANTED SKILLS The world keeps changing and so does the employment market. On CareerJunction, more than 4 vacancies get activated every 1 minutes. The constant stream of new opportunities begs the question: Which skill sets are most sought after? Our latest research shows that the following occupational fields are by far the most in demand skill sets in the job market currently: Software Development Middle / Department Management Financial / Project Accounting Software Developers are highly sought after in the IT sector, particularly those with skills in Java and C#. Since January 218, there has been an uptake in IT jobs of 6%. Demand for middle / department managers is growing steadily. Since January 218, there has been an uptake in jobs of 18%. Financial / project accountants reman high in demand. Job volumes for professionals is this field have steadily increased during the past 3 months. 218 CareerJunction.
LATEST TRENDS An overview of the current online employment situation in South Africa by comparing supply and demand trends. 14 12 1 8 6 4 2 CJ INDEX > 1 CJ INDEX = 1 CJ INDEX < 1 More job opportunities for potential job seekers. Less potential job seekers per job advert. Recruitment more difficult, due to less potential job seekers per job advert. No changes regarding the potential job seekers per job advert ratio. Supply and demand is following the same trend. Less job opportunities for potential job seekers. More potential job seekers per job advert. Recruitment less difficult, due to more potential job seekers per job advert. The CareerJunction Index settled at 98 index points for November, indicating very little change in labour market conditions. Hiring activity slowed down slightly while job search activity remained unchanged. DEMAND The graph represents labour demand over time As the year draws to a close, hiring activity is cooling down. Job volumes were down by Nov 17 Dec 17 Jan 18 Feb 18 Mar 18 Apr 18 May 18 Jun 18 Jul 18 Aug 18 Sept 18 Oct 18 Nov 18 2% in November and a further decrease is expected for December. TOP EMPLOYMENT SECTORS Significant online demand indicates positive employment trends. Based on the most recent online hiring activity, five sectors were identified that show promising and positive employment prospects. 1 2 3 4 5 INFORMATION TECHNOLOGY ARCHITECTURE & ENGINEERING BUILDING & CONSTRUCTION CLEANING, MAINTENANCE & REPAIR BUSINESS & MANAGEMENT 218 CareerJunction.
DEMAND vs SUPPLY High in Demand Sectors in terms of major demand. Manufacturing & Assembly Architecture & Engineering Admin, Office & Support Sales Finance Business & Management Information Technology High in Supply Sectors in terms of major supply. Building & Construction Architecture & Engineering Cleaning, Maintenance & Repair Marketing Manufacturing & Assembly Education, Training & Library Sales Information Technology Finance Business & Management Admin, Office & Support % 5% 1% 15% 2% 25% 3% % 5% 1% 15% 2% 25% 3% An overview of vacancy levels across various sectors (indicated by the Demand graph) provides a good indication of where the majority of employment takes place. The IT, business & management and finance sectors are undoubtedly the most sought after sectors, followed by the sales, admin, office & support and architecture & engineering sectors, among others listed. When looking at active job seekers across various sectors (indicated by the Supply graph), areas of high supply correlate closely to areas of high demand, however supply outstrips demand in some areas, leading to a competitive environment for job seekers. The opposite is seen for some industries. ANNUAL TRENDING ANALYSIS Which professionals have been high demand over the last year? Which occupations are on a rise and which occupations are on a decline? The section below explores employment trends for various occupational sectors based on job adverts published on the CareerJunction website over the previous 13 months. BUSINESS & MANAGEMENT 4 35 3 25 2 15 1 5 BUILDING & CONSTRUCTION 45 4 35 3 25 2 15 1 5 ARCHITECTURE & ENGINEERING 1 9 8 7 6 5 4 3 2 1 UPLIFT IN HIRING ACTIVITY The construction, business & management and architecture & engineering sectors experienced an uptake in jobs in recent months. However, job volumes remain lower year-on-year, particularly in the architecture & engineering sector, where vacancies are down by 16%. 218 CareerJunction.
CONTINUED ANNUAL TRENDING ANALYSIS MANUFACTURING & ASSEMBLY 45 4 35 3 25 2 15 1 5 ICT 8 7 6 5 4 3 2 1 FINANCE 35 3 25 2 15 1 POSITIVE EMPLOYMENT OUTLOOK Following periods of elevated demand during the previous 12 months, job volumes in the manufacturing and finance sectors remain similar year-on-year while IT jobs are up by 8%. ADMIN, OFFICE & SUPPORT MARKETING 45 16 4 14 35 12 3 1 25 8 2 6 15 4 1 2 5 SALES MEDICAL & HEALTH 45 4 35 3 3 25 25 2 2 15 15 1 1 5 5 WEAKENING DEMAND Year-on-year, skills demand has decreased significantly in the medical & health, sales, admin, office & support and marketing sectors. Since November 217, job volumes are down by 5%, 42%, 31% and 25% respectively. The CJI analysis is based on comprehensive data gathered from the CareerJunction website - where around 3 of the country s top Recruiters (both agencies and corporate companies) advertise their positions to over 2,3 million registered job seekers. For customised data enquiries, kindly contact us on cji@careerjunction.co.za. South Africa s #1 Quality Candidate Provider. The CareerJunction Index is the intellectual property of Interactive Junction Holdings. All rights to the content of the CareerJunction Index are reserved and retained by Interactive Junction Holdings. No part of the CareerJunction Index may be reproduced or transmitted without prior written permission from Interactive Junction Holdings. Any unauthorised disclosure is prohibited. In the event of a breach of this clause, access to this information will be immediately terminated and legal action will be initiated and damages recovered. 218 CareerJunction.