Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274614 
Authors: 
Year of Publication: 
2022
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 427v2 [Year:] 2022
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
New Zealand is a small open economy, with large international labor flows and skilled immigrants. After the global financial crisis (GFC) employment took four years to recover, while unemployment took more than a decade to return to pre-crisis levels. M¯aori, Pasifika, and young workers were worst affected. The Covid-19 pandemic saw employment decline and unemployment rise but this was reversed within a few quarters. However, the long-term impact of the pandemic remains uncertain.
Subjects: 
New Zealand
immigration
wages
unemployment
wage compression
GFC
Covid-19
JEL: 
J01
R00
Persistent Identifier of the first edition: 
Document Type: 
Article

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