Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


New research benchmarks the service industry

New research benchmarks the service industry


New Zealand’s service industry sectors come under the microscope in a series of economic data reports published by ServiceIQ.

The 11 Sector Profile Reports make up a uniquely detailed analysis of the current state of our service industry and make predictions for future trends, which were used to inform a Workforce Development Plan for the service sectors.

The reports, prepared by Infometrics, use census and other data to measure the employment numbers, economic contribution, and future prospects for each service sector. While the data is compatible with other industry data, the series also makes some detailed analysis that has not been done before.
The eleven sectors covered are: Accommodation; Aviation; Cafes, bars & restaurants; Clubs; Food Services; Museums; Quick service restaurants; Retail; Tourism; Travel; Wholesaling.

Each Sector Profile Report is available as a downloadable PDF from the KnowledgeIQ library at www.serviceiq.org.nz.

ServiceIQ Chief Executive Dean Minchington says the scale of the research project is a first for ServiceIQ. “It’s a considerable body of work and sets a valuable benchmark of the services industry and its place in the economy”.

While the main audience for the research data is the service industry, its employers and providers, the information would also prove useful to Government, Councils, researchers and academics, Minchington said.

“The project’s goal was to produce a robust, up to date, and comprehensive understanding of the 11 sectors we work with. It focuses on the people and businesses currently in the sector and includes an outlook of what the future might hold for each sector.”

“Our service industry sectors employ 563,000 people and contribute $36 billion dollars to the economy every year, and have above-average growth. The service industry is also a relatively young one, with nearly a quarter of workers aged between 15 and 24.”

ServiceIQ has also launched its first Annual Report, which is also available at www.serviceiq.org.nz in the About Us section.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news