According to Statistics New Zealand’s Household Labour Force Survey (HLFS), the number of people in New Zealand who are employed has increased by 278,000 during the past five years (December 2011 to December 2016). But, curiously, during the same period, the number of people who are unemployed has decreased by only 5,000. This article briefly examines why such a large increase in the former has been matched by such a small decrease in the latter.
We all know that education increases employment opportunities and helps to build a productive skills base to drive economic growth. But is investment in education all about economic growth, what about other outcomes?
At BERL we know that having the appropriate skills, education and training ensures that when opportunities arise, people are able to take advantage of them. Moreover, a highly skilled workforce is more resilient to change, and has the ability to successful transition between jobs and careers as the labour market and employment conditions change. However, through our research we are also aware that people chose to study for a variety of personal reasons as well as to increase their earning potential, or improve their current and future job and career prospects.
At BERL we can help you to address questions such as what qualifications do people have in our area? Where do people work and in what jobs are they employed in? How do we know that the labour market is working efficiently and that people and their skills are being matched to employers?
Our team are skilled at working with employers, business associations and professional bodies. We can provide economic analysis, data and information, and commentary that are targeted to meet your needs and that of your intended audience.
If you wish to find out more, we are more than happy to talk to you.