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NZ Labour Market: Job Stability for Work to Residence Visa Applicants

The New Zealand labour market is at its peak condition this year with the unemployment rate down to a significant 5.3 per cent, the lowest since 2009.The employment rate, on the other hand, rose to 13 per cent which translates to about 31,000 people hired, and experts say that further growth can be expected. In fact, according to the Ministry of Business, Innovation and Employment, the employment is projected to increase 2.1 per cent each year.

Labour Market-831

With help from an NZ immigration adviser, immigrants looking for job stability will certainly find it in this country.

Thriving and High-Demand Industries

Experienced workers who have valuable skills for certain industries can make a living in New Zealand. By far, the industry with the highest demand and a good rate of employment as of the moment is construction, focused on technicians and trades people. However, according to the government, industries like health, education, social services, personal services, agriculture and horticulture could prove to be a better fit due to long standing demands.

Other sectors would also see growth in the future, with the need to fill new occupations that may have not been around before. Countless technological advances, globalization and demographic shifts have paved the way for industries like biotechnology, information technology, food and beverage, as well as the movie-making sector.

Factors that Affect Job Stability

The labour market changes based on the country’s needs. And right now, employees demand stability and security in their careers. As such, employers and businesses have changed their ways to improve retention rates. Companies now are more likely to contract workers for highly specific tasks. Versatility is also a highly sought after trait for any industry since there can be a need to switch tasks quickly and employers are leaning towards horizontal career development rather than upward promotion. However, companies will also be willing to spend resources on employees that show promise for improvement through ongoing training or retraining. All of these make in demand jobs in New Zealand more stable.

Transitioning from Work to Residence

The labour market’s current condition is precisely why there are many willing workers who want to apply for work to residence visa in New Zealand. Upgrading from temporary work, long term skill shortage list work or skilled migrant visas is also possible. Normally, you will be required to stay in the country for 2 years before you can apply. You must also meet health and character requirements.

Contact Auckland South Immigration Consultants for assistance by emailing atesh@asic.co.nz.

Sources:

Labour market situation, CareersNZ

The future of work, CareersNZ

Residence from Work Category, New Zealand Now

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