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I've recently been made redundant after years in the same industry. I have rent to pay, and I'm unsure whether to retrain or keep looking for similar work. I am considering my vote in the 2026 New Zealand general election. What evidence is there behind party claims that their economic policies will create jobs?
I'm sorry you're having to make these decisions at a time when you still have rent to pay. After years in one industry, redundancy can force a difficult choice: whether to stay with what you know, change direction, or invest time and money in retraining when you can't be certain of the payoff.
For the 2026 New Zealand general election, I'd approach parties' promises to create jobs with one central question:
What credible evidence shows that this policy will produce additional, sustainable jobs for people like you — rather than simply shifting jobs between industries, subsidising hiring that would have happened anyway, or promising growth that may take years to arrive?
There are ways to assess these claims without relying on party slogans or assuming that one political ideology always produces better employment outcomes. It's especially important to distinguish between policies that might improve the economy over several years and measures that could help someone who has lost their income now.
1. Start with the labour market New Zealand is actually facing
Stats NZ · June 2026 quarter
5.6%
Unemployment rate
171,000
People unemployed
The unemployment rate rose by 0.2 percentage points in the quarter. The next scheduled release is 4 November 2026. Unemployment rate
That matters because a policy that helps businesses expand is not necessarily enough to help a redundant worker find a job. Employers must actually be hiring, the vacancies must match your skills, and you must be able to bridge the gap between redundancy and your next pay cheque.
It is also worth distinguishing three different promises:
- Creating jobs: increasing the total number of jobs in the economy.
- Getting people into jobs: helping unemployed people fill vacancies that already exist.
- Improving job quality: raising wages, security, hours or working conditions.
A party can make progress on one without achieving the others.
2. What the main parties are proposing — and what the evidence tells us
The election is on 7 November 2026. The following comparison uses published 2026 policies and distinguishes the parties' proposed mechanisms from evidence that those mechanisms will work. The main parties vying to form New Zealand's next governmentElection policy tracker: what the parties are promising
National Party
Business investment, lower compliance costs and infrastructure
National argues that stronger economic growth, regulatory reform, trade, infrastructure investment and business-friendly settings will encourage firms to invest and hire. Its economic plan forecasts 220,000 additional jobs by 2030. Building the Future: National's Economic PlanNational’s plan to secure New Zealand’s future
What supports the argument: businesses are more likely to expand when they expect demand, can obtain finance, and can invest without excessive delays. Productive infrastructure can also increase economic capacity.
What remains unproven: a forecast is not a guarantee, and the headline job total does not tell you how many jobs are additional because of the policies. You would want independent modelling, assumptions about economic growth, and a breakdown by industry and year.
For someone made redundant: this approach is most attractive if your industry benefits from investment, exports, construction or lower business costs. Broad growth measures may take time to translate into vacancies.
Labour Party
Apprenticeships, small businesses and public investment
Labour's published plan includes expanding Apprenticeship Boost, supporting Māori vocational training, investing in housing and public infrastructure, and measures to help small businesses. It also proposes a Graduate Nurse Job Guarantee. Labour's 2026 Election PoliciesElection policy tracker: what the parties are promising
What supports the argument: apprenticeships and targeted hiring assistance can address skills shortages and reduce the cost of taking on a trainee. Publicly funded construction and health services can create direct employment and demand for suppliers.
What remains unproven: employer subsidies can pay for hires that would have happened anyway, while infrastructure programmes depend on funding, approvals, workforce capacity and delivery. The size of the additional employment effect matters more than the total number of people covered by a programme.
For someone made redundant: investigate whether the apprenticeship, training or small-business measures cover your occupation and whether you can earn while retraining. The nurse guarantee is occupation-specific, not a general job guarantee.
Green Party
Green investment, apprenticeships and targeted employment
The Greens propose investment in clean energy, research and innovation, apprentice support, and a local-council jobs pilot for young people who have been out of work for six months. Election policy tracker: what the parties are promising
What supports the argument: renewable energy, building upgrades and environmental restoration can require workers directly and through supply chains. Targeted job programmes can give people work experience and a route into employment.
What remains unproven: projected green-sector employment is not necessarily net job creation. Some jobs may replace work in other sectors, and outcomes depend on project costs, demand, implementation and the skills required.
For someone made redundant: this approach may be worth investigating if your experience transfers to energy, infrastructure, building efficiency or environmental work. Check whether the jobs are funded, when they start and what qualifications they require.
ACT New Zealand
Lower regulatory costs and greater employer flexibility
ACT favours reducing regulation and government spending and proposes more flexible employment settings, including a lower training wage for workers under 20. Election policy tracker: what the parties are promising
What supports the argument: reducing unnecessary compliance costs can make some investments and hires more viable. More flexibility may help some employers take on staff.
What remains unproven: lower costs do not automatically create demand for products or services. Changes that make employment cheaper can also reduce wages or conditions, and a lower training wage would not directly benefit most experienced redundant workers.
For someone made redundant: the key question is whether your prospective employers are constrained by compliance costs or, instead, by weak demand, restructuring or a lack of suitable vacancies.
New Zealand First
Infrastructure, energy security and domestic industry
NZ First has advocated large-scale infrastructure investment, energy development and support for domestic economic capacity. Its leader has also emphasised that recovery will take time. "Power to the People" - Winston PetersWinston Peters
What supports the argument: well-selected infrastructure and energy projects can create construction and technical jobs, reduce bottlenecks and support businesses over time.
What remains unproven: announcing a large investment fund is not the same as delivering productive projects. You need to know how it will be financed, which projects will proceed, how quickly they will start and whether the returns justify the cost.
For someone made redundant: assess whether the proposed projects are likely to hire people with your skills, not merely whether they promise a large investment total.
The same scrutiny should apply to smaller parties, including Te Pāti Māori and The Opportunities Party (TOP). Their proposals may offer more targeted approaches to training, investment or income support. The important test is whether the funding, implementation plan and expected employment outcomes are credible. A useful overview of the parties' current proposals is available through The Conversation's 2026 policy tracker and Policy.nz's employment comparison. Election policy tracker: what the parties are promisingPolicies for Party vote - NZ Election 2026
3. What does independent evidence say about job creation?
This is where you can separate plausible economic arguments from claims that have actually been tested.
A New Zealand Treasury working paper published in October 2025 reviewed international evidence on active labour market programmes, including training and employment subsidies. Drawing on a meta-analysis of 207 programme evaluations, it reports that:
- Employment effects were often small in the short run but became more positive two to three years after programmes finished.
- Training and private-sector employment subsidies had larger average employment gains over time than some other interventions.
- Public-sector employment programmes had negligible or sometimes negative measured programme impacts in the studies reviewed. Working Paper 25/02: Human capital in New Zealand
These are average results across programmes, not a guarantee that any particular New Zealand election policy will succeed. Programme design and the people receiving support matter.
Here is how I would apply that evidence to the major types of promises.
| Policy claim | What the evidence suggests | What to ask a party |
|---|---|---|
| Cut taxes to encourage hiring | May encourage investment and spending, but the employment effect depends on who receives the tax relief and how they use it. | How many additional jobs are expected, and at what fiscal cost? |
| Subsidise apprenticeships or new hires | Can improve employment outcomes, particularly when support targets real skill shortages. | How many recipients remain employed after the subsidy ends? |
| Fund infrastructure | Can create direct and indirect jobs, while improving long-term productivity if projects are worthwhile. | How soon do projects start, and how many additional jobs do they support? |
| Relax employment regulation | May lower costs for some firms, but lower costs do not necessarily translate into more hiring. | Is there evidence of increased hiring, rather than just changed employment conditions? |
| Pay for retraining | Can improve employment prospects when training matches employers' needs, but results take time and vary by programme. | Are there confirmed vacancies for graduates, and what are their expected earnings? |
A particularly useful New Zealand example is Treasury's study of employment trial periods. Researchers found no statistically significant increase in overall hiring attributable to the policy, although there was some weaker evidence of an increase in particular industries. That is a practical reminder that a measure can sound pro-employment without producing a clear economy-wide hiring effect. The Effect of Trial Periods in Employment on Firm Hiring Behaviour (WP 16/03)
For further reading, see the Treasury research on human capital and employment programmes and the OECD's 2026 research on cost-effective employment policies.
4. How to judge whether a jobs promise is credible
I'd use five tests when reading a manifesto, watching a debate or checking a party's campaign website.
Is the job number a forecast or a policy effect?
A forecast of 220,000 additional jobs, for example, might describe expected employment growth under a whole economic scenario. It does not automatically mean a policy created 220,000 jobs. Look for an estimate of what would happen without the policy.
Is the policy fully costed?
Look for the cost, funding source, implementation timetable and any independent scrutiny. A multibillion-dollar proposal needs to explain not just how it is financed, but what else the money could have funded.
How soon will it affect hiring?
If rent is due every week, a project that takes three years to deliver is not equivalent to a programme that connects you with an employer next month.
Will it create new work or redistribute existing work?
A subsidy might help one person get hired instead of another applicant. A new project might also draw workers away from another business. Both can matter to you, but neither necessarily increases total employment by the headline amount.
Does the policy match the skills employers need?
National employment growth can coexist with redundancies in a particular industry. Look for evidence on vacancies, expected wages, qualification requirements and employment rates after training.
For a current picture of actual hiring demand, MBIE's Jobs Online data is particularly useful. Its June 2026 quarterly summary reported that online job advertisements grew 7% over the year, with growth concentrated in manufacturing, construction and primary industries, while education and hospitality advertisements fell. These are useful signals, although online advertisements are not a complete count of vacancies or guaranteed hires. Jobs Online
5. What this means for your decision about retraining
Your best decision may not be the same as the policy that produces the strongest national economic growth. You need a route to reliable income that fits your existing skills, financial runway and local employment opportunities.
I'd compare three options:
A. Keep looking in your existing industry
This is worth prioritising if employers are still advertising relevant roles and your experience transfers to other firms or related sectors. It may be the quickest route to income without retraining costs.
B. Move into an adjacent occupation
Your industry knowledge may transfer to procurement, compliance, project coordination, sales, operations or another related role. Compare actual job advertisements before paying for a course.
C. Retrain for a different career
This is more compelling when there is documented demand, a recognised qualification, a realistic route into work and a wage that justifies the lost earnings and study costs. If possible, look for employer-backed training or paid apprenticeships.
You do not need to decide that one option is your permanent future immediately. You can keep applying for suitable jobs while researching short courses and testing whether employers will actually hire someone with the proposed qualification.
6. Don't overlook income support while you decide
Because you have rent to pay, immediate financial stability matters independently of which party you vote for. Check your redundancy entitlement, whether you qualify for Jobseeker Support or other assistance, and whether you can get help with accommodation costs through Work and Income.
You can also use Policy.nz's 2026 employment comparison to compare parties on income support, wages, training and job creation, rather than relying on campaign headlines alone.
My bottom line
I wouldn't choose a party simply because it promises the largest number of jobs. I'd give more weight to policies with transparent costings, credible evidence of additional employment, a clear delivery timetable and a realistic connection to the industries where people can find work.
And I wouldn't assume that retraining is automatically the answer to redundancy. The evidence supports targeted training when it improves the match between workers and employers, but the right choice depends on actual vacancies and your financial circumstances.
One question would help me make this much more practical for you: what industry or type of work have you been in, and roughly what role did you do? I can then compare the parties' employment promises against the outlook for your field and the evidence for retraining into related work.
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