New Zealand Experiences Unprecedented Exodus: Record Number of Citizens Depart Amid Economic Slump
2025-02-17
Fortune
New Zealand is witnessing a mass exodus of its citizens, with a record 47,000 net departures, exceeding the previous year's 43,300. Approximately 56% of these individuals have chosen to relocate to Australia, seeking better economic opportunities. The country's weak economy is likely a contributing factor to this trend, as people seek greener pastures abroad. This shift has significant implications for New Zealand's workforce and economy, with popular keywords like 'economic migration' and 'expat life' becoming increasingly relevant. As the nation grapples with this brain drain, it's essential to address the underlying issues driving this phenomenon.
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