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Employment set to grow, new report says

NZ Newswire logoNZ Newswire 11/05/2017

Employment will grow at an average two per cent over the next three years, a new report from MBIE forecasts.

Skills and Employment Minister Paul Goldsmith says that will mean 152,000 more people in employment by 2020.

"It is encouraging to see that robust job growth is set to continue across the country over the next three years despite global uncertainty," he said.

"The forecasts show that New Zealand will continue to grow as a highly skilled economy, with growth in the construction and service sectors continuing to support economic growth."

Mr Goldsmith says employment growth rates are forecast to be highest in the South Island, particularly in Marlborough (3.5 per cent) and Tasman (3.3 per cent) over the next three years.

"Around 94,000, or 61 per cent of the employment growth, will be in highly-skilled occupations such as managers and professionals," he said.

"Over the next three years, employment in lower-skilled occupations will increase by 40,000,"

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