Principal Consultant Rob Heyes looks at whether the surge in incoming migrants has changed the make-up of the labour market across New Zealand. He finds that the distribution of the migrant workforce is following already familiar patterns.
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).
Weaker economic activity and falling employment are hitting regional economies, with the economic crunch deepening across the country, according to Infometrics’ latest monitoring of regional economies.
The New Zealand energy market has been in the spotlight recently, as a shortfall of energy, from both gas and electricity, has sent energy prices soaring. It’s become such an issue that production has started to be curtailed for some operators, either because they cannot procure energy supplies, or it has become economically unviable to pay such high prices.
Despite being a relatively small country internationally, New Zealand is geographically diverse enough that there is never a single economic "story". One example of this can be seen if we divide the country up into "Metro", "Provincial" and "Rural" areas and examine rental affordability.
New regional groupings make it easier to compare types of areas
The regional groupings are for Metro, Provincial, and Rural areas, and are available in our Quarterly Economic Monitor (QEM) and our Regional Economic Profile (REP). These new regional groupings provide further insights that make it easier to compare a city or district to a similar collection of areas. For non-clients, you are able to see these groupings in our publicly available New Zealand profile.
