Recruiters have said the brain drain is underway, with some people heading overseas to get away from New Zealand's tough job market.
Dozens of companies and government agencies have announced redundancies in recent weeks, and some of those left without a job are looking off shore for their next move.
Seek's latest job report shows the number of job ads is declining, while the number of applications per ad is rising.
However, recruiters have said it's not all doom and gloom for job hunters.
Luka Forman has the story.
