Electricity prices have spiked in recent months, with the cost of generating power pushed up by low hydro lake levels and decreased gas output.
Wellington City continues its run as New Zealand’s most creative city, according to the 2020 Infometrics Creativity Index. Wellington City has now topped the rankings for the last 20 years, with a still significant lead over other centres.
The COVID-19 pandemic has had major ramifications for the New Zealand economy and put a spotlight on the structure of local economies. One of the key determinants of how regional economies are performing is how much of a focus they have on either of the tourism or primary sectors. But a bigger issue looms for some areas, with some key industrial players rapidly reassessing their future, which could remove a substantial chunk of activity from some local economies.
New Zealand is slowly moving from the response to the recovery phase of the COVID-19 pandemic. This shift in focus means we’re trying to understand what New Zealand’s recovery path might look like, and where job opportunities might be five years from now. In an earlier article, we looked at industry-level job losses in the short term to March 2021.
Infometrics welcomes Senior Economist Alistair Schorn . Alistair joined Infometrics in February and it feels like a lot has happened since then!
With businesses struggling to survive, many workers will find themselves out of work, and the unemployment rate is set to rise to multi-decade highs of around 10%. In this article, we explore what industries are set to see the largest declines in employment across New Zealand over the next year.
New Zealand’s Level 4 lockdown has seen non-essential businesses ordered closed or to work from isolation, causing a rapid shift in how companies across the country operate. Working from home has become the new norm, so this article looks at how many workers in each industry are likely still operating from their home office.
We will be hosting regular webinars (web seminars) for our clients. If your organisation would like to book a tailored Webinar, focused on your local area, sector or industry, we have time slots available.
Wellington City retains its top spot in 2018 as New Zealand’s most creative city, according to Infometrics’ Creativity Measure. Not only is Wellington City in a league of its own but it has been widening the gap with its closest rivals over the past ten years.
Around the world, there is increasing interest and concern about the potential effect of technology, specifically automation, on employment. In this article, we consider how technology has affected employment historically, where it’s heading, and use our work for ATEED in Auckland as a case study to highlight the potential future changes.