Olsen said while it is normal for New Zealanders to leave the country, it will be harder to convince people to return, if there are ongoing issues around housing affordability and job prospects.
That ‘brain drain’ could pose problems for society as the population ages, Olsen said.
“We need to have as many young people as we can who are still part of the economy … who are being innovative and bringing their new thinking to the game so we can be more productive,” he said.
“If we are losing our young talent and we’re not able to attract them back it makes all of [that] so much harder.”
Sounds quite serious:
They really do mean “record”. I think if we adjust it for population growth since 2012, it’s not as stark but it’s still bad.
It’s worth noting that there are loads of people who came home during the pandemic, and loads of people that would have emigrated but were waiting for the storm to blow over. I’m not really surprised that there was a record high in the last year.
I feel like we’ve had a similar article previously, and had discussion that ended basically with showing that we are still catching up on that lull.
That’s a good point.
I have wondered if the private sector can absorb the public service cuts, but that’s not thousands and thousands.
I think the private sector will be avoiding too much hiring at the moment, on account of the recession and general economic uncertainty.
Plus it doesn’t help that those government job losses are not evenly spaced across the country, but have a high proportion in one city (Wellington). That’s an assumption, but I think it’s a fair one considering the government said front line aren’t being touched (I’m not sure that’s entirely true), and since the bulk of non-frontline government staff are in Wellington.
So I’d guess now is a bad time to be a Wellington business selling non-essentials, I bet the CBD will be hoping for a few more cruise ships to prop up numbers.
Yes that does sound disproportionate.
I wonder if more people would’ve changed thier mind and stuck around if NZ somehow managed to meet the same standards of public services those people might have come to expect from living overseas…
Adjusting for population it seems to be about the same - population has gone from about 4.3 million in 2013 to 5 point whatever million is it now.
I think it’s cold comfort though that every time we get a downturn like this, we do austerity that makes things even worse and let key sectors like construction just collapse and workers relocate to places where they actually try and do counter cyclical support.
Yes austerity is sort of entrenching our downturns for longer. I guess it’s not so much that we’re losing people, as who we are losing.