Worker shortages bite hardest in low wage industries

Worker shortages bite hardest in low wage industries
The hospitality industry is heavily reliant on temporary migrant workers (Image: Deposit Photos)
Andy Fyers
Demand for labour has surged in recent months, with online jobs ads up by more than 33% since February.Compared to the same month in 2019, demand for workers is now 50% greater.Once the nationwide lockdown lifted in the middle of 2020, job ads online – as measured by MBIE's Jobs Online Index – slowly returned to pre-pandemic levels.But in the past few months, demand has surged past levels recorded before the pandemic.There were between 20% and 25% more jobs online in March, April and May relative to the same month in 2019 and th...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday