New Zealand market insights

New Zealand market breakdown

Auckland’s job market has tightened in early 2025, with a 1.7% drop in filled jobs—over 13,000 roles lost. While migration continues to boost population growth, more Kiwis are heading offshore for better pay, especially in Australia. Increased competition among job seekers has reduced candidate bargaining power. Employers are still navigating uncertainty and should adjust hiring strategies to retain key talent.

Wellington’s market remains cautious but stable. Although cost pressures persist, major cuts in finance roles have been avoided. Demand is growing for financial accountants and business partners as organisations seek efficiency and growth. Recruitment is expected to lift in the second half of the year as budgets reset.

Unemployment has risen to 5.1%—a four-year high—reflecting a cooling economy. Job seekers face stiffer competition, but demand remains strong in IT, engineering, construction, and healthcare. Both employers and candidates will need to stay flexible and focus on areas of ongoing demand as the market continues to shift.

New Zealand job seeker sentiment

Across New Zealand in 2025, job seekers are approaching the market with a renewed sense of clarity and balance. After several years of economic uncertainty and shifting workforce dynamics, many are prioritising employers who can offer both stability and authenticity. Flexibility remains a top expectation nationwide, but it’s now accompanied by a desire for meaningful work, professional growth, and genuine workplace wellbeing.

Rather than moving quickly between roles, Kiwis are making more deliberate career choices — assessing an organisation’s culture, leadership, and long-term direction before committing. This more thoughtful, values-driven mindset is shaping a candidate market that’s steadier and more discerning, where both sides — employers and employees — are looking for relationships built to last.