Encouraging signs in labour market.
New Zealand’s labour market may be starting to turn a corner as the jobless rate stabilises and recruitment activity turns positive in parts of the country.
Job ads have been rising in most industries, and the number of filled jobs has risen for the past three months, after a sustained period of weakness
But global economic instability hovers over the immediate future. While New Zealand has limited exposure to the US trade tariffs imposed by President Donald Trump, it could suffer from a broader global downturn.
This report uncovers what’s happening across New Zealand, looking at how the workforce has been impacted, the challenges employers face in the current landscape and trends in national recruitment activity.
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New Zealand Labour Market Insights May 2025
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