The Ministry of Business, Innovation and Employment recently released the Medium to long term employment outlook: looking ahead to 2025 report. Below are the key findings from this report.
Employment is projected to grow by 1.9 per cent annually, adding about 48,000 workers on average per year to the workforce in the next 10 years.
The construction and utilities industry is forecast to show the strongest gain in employment (6,800 workers per year) in the 10 years to 2025.
Employment growth will be strongest for highly-skilled occupations (2.5 per cent or 27,400 annually)
Strong migration-led domestic spending, particularly in the construction and business services industries, will be a strong factor in employment growth over the forecast period.
You can read the full report here.