Life in New Zealand

Essay # 57312

Economics
Geography
Sociology

Life in New Zealand

This paper explores what it is like to be a 20 to 25-year-old person in New Zealand by looking at economic prospects.

1,460 words () | 2 sources | MLA | 2003 United States

Paper Summary:

This paper gives an overview of the New Zealand economy. The writer presents information and data that would be relevant to a young person starting a career and looking for a job in New Zealand. It examines social and economic issues compared to other Western countries.

From the Paper:

"In terms of likelihood of employment, data from the 1991 census indicates that in the age group category of 20-59, 90.5% of males and only 62.1% of females were employed (Rankin 14). These percentages deviate sharply from the percentage of those unemployed across age groups (5.3% as estimated in 2002), though the employment rates may have changed from 1991 to 2002. The unemployment rates for young people, incidentally, are not strongly affected by the number of people in tertiary education. In 1999, 25% of New Zealanders between the ages of 20 and 24 had no school qualifications. 50% had a secondary school qualification only, and the remaining 25% had a tertiary degree or were engaged in post-graduate study (http://www.careers.co.nz/ET/et-edu.htm#two). In terms of earnings, those with bachelor degrees or higher tend to earn the most money around $20NZ an hour. Those with vocational training earn around $15NZ an hour, on average, and those with a high school degree or with no degree both earn around $10NZ per hour. Professionals and administrators/managers make the most money (around $20NZ per hour). Other top earners include technicians and trades workers (http://www.careers.co.nz/ET/et-incoh.htm#four)."