National Labour Force Projections: 2006(base)–2061
National Labour Force Projections: 2006(base)–2061 (August 2012 update) key facts
National labour force projections give an indication of New Zealand's future labour force.
• New Zealand's labour force will continue to grow, but the growth rate will slow.
• The labour force will age, reflected in a rising median age and an increasing proportion of the labour force in the older ages.
The median projection indicates:
• New Zealand's labour force (2.4 million in 2012) will increase to 3.0 million in 2036 and 3.3 million in 2061.
• The labour force aged 65+ (130,000 in 2012) will increase to 370,000 in 2036 and 460,000 in 2061.
• The proportion of the labour force that is aged 65+ (5 percent in 2012) will increase to 13 percent in 2036 and 14 percent in 2061.
• The proportion of the 65+ population in the labour force (the labour force participation rate) (21 percent in 2012) will increase to about 30 percent from the mid-2020s.
Attached is information about the statistics released today.
Media release (pdf) Information release (pdf) Tables (xls)
(See attached file: NationalLabourForceProjections06-61MR.pdf)(See attached file: NationalLabourForceProjections06-61.pdf)(See attached file: nlfp-06-61-table.xls)
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