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Source: ONE News -
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New Zealand's workforce is being hit by "premature ageing" and needs to boost its numbers, says a Waikato University researcher.
An expert in regional demography, Professor Natalie Jackson, says New Zealand is losing people aged 20 to 40 - mainly due to emigration - which was driving up the median age of the population.
"Crunch time is approaching with the number of retirees set to boom and fewer and fewer young people coming into the labour market," she says.
"The issues are huge because New Zealand is parked right next to Australia, which has an older population than New Zealand, and is like a vacuum sucking in Kiwi migrants."
Europe's population had stopped growing, and that region was interested in skilled young people from New Zealand.
"We can't necessarily count on filling the gap with skilled migrants given the fierce international competition to attract these people," Jackson says.
New Zealand needed to get more women into the workforce, she says.
A former president of the Australian Population Association, Jackson has spent the past 15 years in Australian universities researching the regional impacts of population ageing, and differences between indigenous and non-indigenous people in Australia and New Zealand.
She has acted as a consultant on ageing populations and says that Tasmania has also been losing young people, like New Zealand, which caused an "applecore shape" in the population's age groups - thinned out in the middle.
"This has huge economic implications because it's the young people who buy the houses and take out first mortgages, they're the ones who have the children and they're the ones who buy the whiteware," says Jackson.
Waikato University wants to create a national institute of demographic and economic analysis over the next two years, and Jackson says she also wants to develop research known as feminist demography - which views the family as an entity producing the future labour force and taxpayers.
"With fewer young people around to replace ageing baby boomers in the labour market, we're going to need all hands on deck," she says.
"It's the family that generates these future workers and taxpayers. We need to...see more investment in the family."
