Articles
New Zealand has experienced an immigration surge since we reopened our border to international migrants in August 2022. Here we look at how this surge has changed the make-up of workforces across New Zealand’s territorial authorities (TAs). Read
Recessionary pressures have led to a surge in youth unemployment nationally. Last week’s StatsNZ labour market statistics showed the unemployment rate rose to 4.3%. The Household Labour Force Survey (HLFS) showed total unemployment up by 33,700 people, 31% higher than a year ago. More than half of t... Read
The opening of New Zealand’s borders in mid-2022 has led to an unprecedented surge in migrant arrivals. Here we look at which regions have benefitted most from this increase in the migrant labour supply. Read
Annual net migration reached a new record high of almost 129,000 people in the year to October, despite net departures of NZ citizens surpassing the previous biggest outflow that occurred in the wake of the 2011 Christchurch earthquake. The influx of migrants is creating renewed demand pressures in ... Read
The Monthly Employment Indicators published by Stats NZ are a valuable addition to the suite of employment measures in New Zealand. This article outlines how Infometrics is utilising this valuable data source to enhance our regional products. Read
Record high net migration over the past year has been a lifeboat for New Zealand’s economic growth, dominating recent trends in employment, housing demand, and demography. Quarterly net migration is now beginning to soften from its early 2023 peak as migrant arrivals grow slower, and departures from New Zealand accelerate. Read
Infometrics has recently added a new section to our Regional Economic Profile which explores the Pacific Peoples population and their role in regional labour markets. This article outlines the growing significance of New Zealand’s Pacific Peoples population in the context of broader demographic shifts. Read
The labour force participation rate is a measure of the adult population’s engagement in the labour market. Here we look at how the participation rate of young men has changed since the 1950's. Read
The tightness of the labour market in recent years has seen higher levels of reported poaching of talent, as businesses competed for workers. Anecdotally, we have been hearing from employers that worker headhunting and poaching are becoming less commonplace. But does the data support this? Read
Annual inflation may have come down to 6.0%pa, but businesses and households alike are still facing extreme cost pressures. A massive influx of migration and a high number of people returning to work has helped to alleviate some labour market pressures, and yet some underlying wage measures are stil... Read