Tagged: labour market

There’s no place like home - FutureworkNZ

Guest Author Jul 11, 2019

Tim Maddock    Why don’t people move as often as economists expect? Some regions in New Zealand have much higher rates of unemployment than others. These differences are persistent, with little change over the past thirty years. Why might this be? If workers seek higher pay (and unemployment is painful) then we would expect workers in struggling regions to … Read More

The demand for statisticians and Easter bunnies - FutureworkNZ

Dave Heatley Jul 08, 2019

The right job in the wrong place. For many, that’s the reality of job search in New Zealand’s less populated regions. And regional employers face the flip side – the right worker in the wrong place. Labour markets are inherently regional because commuting time subtracts from work and leisure time. On average, New Zealander workers spend 40 minutes a day … Read More

Reading past the job-loss headlines - FutureworkNZ

Dave Heatley Jul 01, 2019

“Machines take jobs” cry the headlines. A journalist friend once said the media only publish two stories: “it’s that terrible” and “isn’t that wonderful”. “Machines take jobs” is clearly “terrible”. But its logical opposite, “machines create jobs”, is unlikely to make the grade as “wonderful”. Such selection effects mean that bad news crowds out the good. Today I’m going to … Read More

Don’t believe the hype - FutureworkNZ

Guest Author May 17, 2019

Predicting technology is the first step towards predicting the labour market impacts of technology. But history tells us that technology prediction is like a game of chance. Make enough predictions and you’re sure to get some right… and many wrong, sometimes spectacularly. The president of IBM, Thomas Watson, purportedly said in 1943 that “I think there is a world market … Read More

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