Kāpiti, 20 September 2019 – New statistics reveal Kāpiti’s economy is still growing, but needs to prepare for when both the Transmission Gully and Expressway projects finish.
Infometrics data has revealed strong employment growth of 3.2% and job growth of 1.3% in the year ending March 2018, ahead of the Wellington region and New Zealand figures. Unemployment was 3.4%, lower than both the Wellington and New Zealand rate.
Angela Buswell, a Districtwide Candidate for the Kāpiti Coast District Council, says the construction sector is Kāpiti’s biggest employer, creating around 2788 jobs, but is facing two critical issues.
“Transmission Gully is ending very soon. It’s one of the $4.5 billion worth of roading projects are due to finish within the next 12 months, and only $1 billion worth of new projects planned to begin.
“In the year to March 2018, Kāpiti saw a decline in both residential and non-residential consents – dropping 5.4% and 37.4% respectively, while both the Wellington region and wider New Zealand experienced growth.
“The incoming Council needs to work closely with the construction industry – to create opportunities for further development and encourage skilled workers to stay in Kāpiti,” says Angela Buswell.
Infometrics also revealed that around 15% of Kāpiti youth are not in work or training – compared to the national rate of approximately 12%.
“The work of Work Ready Kāpiti is vitally important, as we work to reduce this figure. With our ageing population, we need a skilled, younger workforce to be in place to help fill jobs of people as they retire. It’s great to see so many businesses supporting the work of the Trust, and helping equip our youth with the skills they need to succeed,” says Angela Buswell.