The New Zealand labour market weathered the global financial crisis rather well
Flows into and out of unemployment are frequent in New Zealand
The service and construction sectors have gained importance while agriculture is experiencing a relative decline
One third of the jobs in New Zealand are challenged by automation
The stock of displaced workers fluctuates with the business cycle but has overall declined considerably over the past 25 years
The New Zealand displacement rate prior to the global financial crisis was very low compared with most OECD countries
Workers without qualifications and those living in Northland face the highest prevalence of job displacement
New Zealand has one of the highest re-employment rates of displaced workers among OECD countries
Re-employment rates are not affected by business cycles, but decrease slightly with age and increase with education
Job displacement in New Zealand has a strong negative impact on wages