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National Labour Force Projections: 2006(base)–2061 update
Embargoed until 10:45am  –  25 May 2010
Highlights

Under all projection series:

  • New Zealand's labour force will continue to grow, at least until the mid-2040s, but the growth rate will slow.
  • The labour force will age, reflected in 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 2.75 million in 2031 and 3.00 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 increase from an estimated 62,000 in 2006, to 240,000 in 2031 and 300,000 during the late 2050s.  

 

 

 

 Graph, NZ labour force and age distribution of labour force

 
Geoff Bascand 25 May 2010
Government Statistician ISSN 1178-0606
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