New Zealand’s pool of labor increased at a slower pace for a second straight quarter, suggesting that a surge in foreign workers entering the country is past its peak.
The number of residents aged 15 years and over who could work rose by 24,500 in the fourth quarter to an estimated 4,256,500, Statistics New Zealand said Wednesday in Wellington. That’s down from gains of 31,100 in the third quarter and 35,400 in the second.
Slower growth in the working-age population is evidence that a surge in immigration may be starting to ebb. That may be a relief for the ...
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