Replacing retiring baby boomers will cause headaches for Northland employers over the coming decade, but a large cohort of young Māori represent a key labour market opportunity.
By now it must feel like we are starting to beat a dead horse covering the shortcomings of the government’s tertiary education policies. However, every month new data continues to be released which strengthens our position even more. The current system appears to be slowly failing, and fees-free has done next to nothing to save it. If we want to improve tertiary education outcomes in New Zealand, the sector requires adjustments to the system beyond lowering the costs for students.
Infometrics is pleased to announce the release of our eagerly awaited Megatrends Report “From education to employment: Megatrends affecting NZ’s working environment ”.
Infometrics’ comprehensive regional forecasting model shows that between 2018 and 2022 there will be 600,000 jobs that need to be filled due to new job growth or replacement demand (people moving roles that need to be replaced).
The tertiary education sector took a swift turn to the left in late 2017, as highlighted earlier this year with the implementation of the fees-free tertiary education policy. Half a year on, and what has the policy got to show for itself? A lot of money spent, not much change to student numbers, and a complete lack of targeting skills needs.
Gareth Kiernan (Infometrics Chief Forecaster) chats to Liam Dann, of NZ Herald Economy Hub, about the expected economic slowdown over the next few years.
A range of factors have combined to drive the slowdown, many of which can be sheeted back to government policy.
The holidays are over, NCEA results are out, and school leavers are finalising their plans for the coming year – including for tertiary education. In this article, we argue that there’s more to be done in the tertiary sector than simply providing one year’s free tertiary education. We outline that the Government’s problem definition for fees-free misses the mark. Although there is scope to improve the effectiveness of the policy, we argue a national skills strategy should be next on the government’s list.
Sticking to their 100-day plan, the new government has removed fees for first-year tertiary students. The fees-free policy has generated a lot of excitement. But how well will this policy perform? This article examines the fees-free policy and outlines how the policy misses the mark in increasing access to tertiary education.
Brad Olsen has only just reached his 20s and he’s met Queen Elizabeth II twice! He’s our youngest economist and is already making his mark both at Infometrics and in youth politics.
We chat with Brad about what a day in the life of an economist looks like…
The government has been successively tightening the rules for resident visas since October 2016. The purpose of these rule changes ostensibly is to reduce the number of people moving to New Zealand while not cutting off the supply of workers for our overstretched labour market. But each set of rule changes will have very different effects for migrants on work and resident visas. In this article, we outline the rule changes and discuss the implications of these changes for migration numbers and industry stakeholders.