There are further encouraging signs that the economy is recovering but it brings with it tightening job market which reignites concerns about New Zealand’s skill shortages… a survey shows most companies that rehire former employees report it’s been good move… and too few New Zealand corporates appear to give toss about meeting accepted global standards of responsible corporate governance. Read more »
The economic mood was already lifting before the Reserve Bank – followed by market reaction to its decision to hold the Official Cash Rate – gave it further fillip yesterday, reports economics correspondent Bob Edlin. Read more »
Although the economy has been very weak for almost year, the labour market has continued to tighten up, albeit slowly, says BNZ chief economist Tony Alexander. He expects that tightening will become quite pronounced as growth accelerates from later this year, meaning employers need to be giving greater thought to their recruitment and staff retention strategies. Read more »
A tightening labour market will bring New Zealand’s skills shortages into sharp focus once again. Executive Update canvassed the views of number of recruitment heads about what companies – and the country – should consider doing to address this issue. Read more »
More than half of New Zealand businesses have rehired former employees and most consider it to have been good move, according to research report released this week by recruitment agency Hudson. Read more »
The latest Productivity Propelled report, commissioned by 2degrees and prepared by Deloitte Access Economics, provides one of the first New Zealand-specific datasets linking AI adoption to firm-level productivity.
The Australia-New Zealand Closer Economic Relations agreement remains one of the most successful trade agreements in the world, but its next phase will look very different, according to a recent NZIER Insight.