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Record-Low Unemployment Spells Vast Opportunities In New Zealand
Skilled Worker applicants will now find a much vaster range of career options to choose from, opening a door of opportunity for migrants who may have struggled to qualify in the past.
Low Unemployment & A Robust Labour Market Spells Vast Opportunities In New ZealandNew Zealand has firmly secured the lowest unemployment rate in its history, which, in turn, has established a taut labour market and healthy need for skilled workers. The unemployment number currently stands at 3.5%.
We have the fifth lowest unemployment rate in the OECD, said Ruth Dyson, a New Zealand government minister. Adding, she continued we are the only country in the OECD to achieve such a low unemployment rate over such an extensive period.
Acknowledging the new-found requirements of the economy, the New Zealand government is enticing more skilled workers to the island nation through immigration policy reform. Skilled Worker applicants will now find a much vaster range of career options to choose from, opening a door of opportunity for migrants who may have struggled to qualify in the past.The new ruling was supposed to come into force back in 2006, but unforeseen delays meant it didnt come into practice until last month (February). Work experience and formal education will still accounted for in the determination of eligibility, but skilled workers, on the whole, should see this as an inviting reform that offers much vaster opportunities than ever before.