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WORKING DRAFT - NOT GOVERNMENT POLICY A Research Agenda for the NZ labour market of the 2020s Dr Rose Ryan, Manager Workforce and Workplace Evidence and Insights team CLEW seminar: Working Life in New Zealand: The Big Issues 14 November 2019, VictoriaUniversity, Wellington

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Page 1: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

A Research Agenda for the NZ labour market of the 2020s

Dr Rose Ryan, Manager Workforce and Workplace Evidence and Insights team

CLEW seminar: Working Life in New Zealand: The Big Issues

14 November 2019, VictoriaUniversity, Wellington

Page 2: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Overall trends

• New Zealand has a dynamic labour market, with high levels of participation.

• The workforce is also comparatively highly skilled and qualified.

• The current forecasts suggest a continued growth in employment (particularly those in skilled occupations and across service-based industries).

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But how do we:•Manage the challenges of diversity and inclusion?•Respond to future skill challenges arising from technological change?•Make full use of the capacity and capability of the population?•Get a better understanding of the way that work and working contributes to wellbeing?

Page 3: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Employment rate at record high levels

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Page 4: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Labour force participation rate also remains high

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Page 5: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Medium to long-term employment outlook –looking ahead to 2028

Page 6: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Impact of global megatrends

Climate change

Technological change

Demographic change

Globalisation

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Page 7: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

How can we make best use of the capacity and capabilities of our population?

Page 8: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

NEET rates continue to be a focus

Page 9: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Managing the challenges of diversity and inclusion

• European peoples have higher proportions of their working age population in the prime and older age groups.

• Māori, Pacific, and Asian peoples were in the younger age groups.• The proportion of Māori, Pasifika and Asian workers will increase as the proportion of European

workers decline with aging.

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Page 10: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Preparing the labour market for future skill challenges

Page 11: A Research Agenda for the NZ labour market of the 2020s › ... › 1815603 › seminar-2-ryan.pdf · labour market, with high levels of participation. • The workforce is also comparatively

WORKING DRAFT - NOT GOVERNMENT POLICY

Challenges for the future – technological change

• Automation, digitalisation and AI• Opportunities and challenges• Who will be most affected?• Initial training vs re-training

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WORKING DRAFT - NOT GOVERNMENT POLICY

NZ has a highly skilled workforce, but there is a high skills mismatch

Among OECD countries, NZ adults reported the highestproportion of mismatch in their qualifications and in their field-of-study, in their jobs.

Data sources: PIAAC (OECD, 2016).

Qualifications mismatch

Field-of-study mismatch

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WORKING DRAFT - NOT GOVERNMENT POLICY

Work and wellbeing – what is the role of job quality?

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WORKING DRAFT - NOT GOVERNMENT POLICY

Summary findings from Survey of Working Life (2018)

• Employment relationships and multiple job-holding• Non-standard working relationships• Work-related training• Skills matching• Job security and tenure• Workplace autonomy• Harassment and bullying• Job strain• Job satisfaction

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WORKING DRAFT - NOT GOVERNMENT POLICY

Developing workforce wellbeing

Climate change

Technological change

There is a need to:

• Develop human capital

• Invest in skills of the future

• Encourage lifelong learning

• Leverage technology to generate opportunities for decent and meaningful work

• Strengthen labour/employment/ income protection

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WORKING DRAFT - NOT GOVERNMENT POLICY

Conclusion and questions?

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