New Zealand’s economy is still recovering from recession, although the outlook is becoming brighter. Prices for exports remain high, businesses are increasingly more confident, and the economy is expected to expand over the coming years. This economic expansion is expected to generate employment growth.
The rebuilding of the Canterbury region following major earthquakes in 2010 and 2011 is expected to have a significant impact on employment growth in the short-term. Reconstruction will likely drive strong growth in the construction and utilities industries, and strong demand for skilled trades workers.
Over the longer-term, broader demographic trends are expected to affect employment growth, most prominently an increasingly ageing population. This ageing population is likely to lead to declining labour force participation rates and an increase in the average age of those remaining in the labour force.
For more information, please download The New Zealand Labour Market Report
For a copy of all the data available through the Skills Mapping Tool on this economy, along with any additional data provided, please download the New Zealand Skills Mapping Tool data (excel) .
Key Statistics
Below are some key statistics for the economy, for more data use the Skills Mapping Tool or download the Skills Mapping Tool data file on this page.
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Working age population (aged 15-64): 3,126,000.00 GDP per person employed ($USD): $68,475.36 -
Employment rate (aged 15-64): 76.9 Lower secondary education completion rate (aged 15-64): 96.9 -
Unemployment rate (aged 15-64): 4.9 Tertiary education attainment rate (aged 15-64): 31.3
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