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National Labour Force Projections: 2006 (base) - 2061
Embargoed until 10:45am  –  06 May 2008
Highlights

Under all projection series:

  • New Zealand's labour force will continue to grow, at least until the late 2020s, but the growth rate will slow.
  • The labour force will age, reflected by a rising median age and an increasing proportion of the labour force in the older ages.

Under mid-range projection series 5M:

  • New Zealand's labour force is projected to grow from an estimated 2.24 million at 30 June 2006 to 2.65 million in 2031 and 2.79 million in 2061.
  • The labour force is ageing. Half of the labour force will be older than 42 years in 2011, compared with a median age of 40 years in 2006 and 36 years in 1991.
  • The labour force aged 65 years and over is projected to rise from an estimated 62,000 in 2006, to 160,000 in 2021 and about 200,000 from the mid-2030s.

Graph, New Zealand labour force.

Graph, Age distribution of labour force.

Geoff Bascand 6 May 2008
Government Statistician ISSN 1178-0606
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