Equine, Greyhounds and Racing Labour Market Dynamics

 Industry dataset (economic indicators and labour market dynamics)  

Source: Linked Employer-Employee Data, Stats NZ1

Linked Employer-Employee Data (LEED) data is produced by Stats New Zealand quarterly to measure labour market dynamics. There is a lag in data availability of around 14 months due to the time it takes for the data to be completed by employers, to flow through Inland Revenue, and for Stats NZ to undertake relevant transformations and quality checks2. 72 Here, we show the most recent data available at the time of publishing.

LEED data is available at the ANZSIC ‘group’ level, which is a broader level of classification than the ANZSIC class codes used for the workforce estimates. The relevant ANZSIC group here is 912 Horse and Dog Racing Activities3 which includes both 9121 Horse and Dog Administration and Track Operation and 9129 Other Horse and Dog Racing Activities. Other Horse and Dog Racing Activities includes race dog and racehorse training and racing kennels and stable operations.

Median Earnings

The median earnings for Horse and Dog Racing Activities industry group were consistently around $4,000-$5,000 lower than that of all New Zealand industries, and around $3,000-$4,000 lower than median earnings for those working in 'agriculture, forestry and fishing' more broadly. The median earnings for the Horse and Dog Racing Activities have increased over time, at the same pace as increases in median earnings for all industries.

In the chart, we provide two benchmarks for reference: 'agriculture, forestry and fishing' which covers all industries involved in growing crops, raising animals, growing and harvesting timber, and harvesting fish and other animals from farms or their natural habitats, and a benchmark for 'all industries' which includes every industry group in New Zealand.

Quarterly Turnover Rate

There are seasonal cycles in the worker turnover rate, with turnover tending to be highest in the December and March quarters, and lowest in the September quarter. The quarterly worker turnover rate for Horse and Dog Racing Activities industry group is consistently higher than all New Zealand industries by at least 10%.

In the chart, we provide two benchmarks for reference: 'agriculture, forestry and fishing' which covers all industries involved in growing crops, raising animals, growing and harvesting timber, and harvesting fish and other animals from farms or their natural habitats, and a benchmark for 'all industries' which includes every industry group in New Zealand.

Number of filled jobs

From 2019 onwards, there is a decreasing trend in the number of filled jobs in the Horse and Dog Racing Activities industry group. The seasonal cycles in jobs are also not as evident across 2021 and first two quarters of 2022. The total number of filled jobs usually peaks in the December quarter, but in December 2021 there were only 1,820 filled jobs, lower than the 1,970 jobs recorded in June 2021.

Footnotes

1. Statistics New Zealand, “Guide to Interpreting the LEED Data.”

2. Statistics New Zealand, “A Guide to Interpreting Official Quarterly Statistics Produced from the Linked Employer-Employee Data (LEED).,” Statistics New Zealand, July 29, 2009, https://www.stats.govt.nz/methods/guide-to-interpreting-the-leed-data.