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Labour market cycles across different groups: What does history tell us? Part I: Theory, ethnicities
- We analyse how Māori, Pasifika, and Europeans have been impacted in previous labour market cycles.
- We find that Māori and Pasifika are much more exposed to labour market fluctuations than Europeans.
- Contractions in labour market activity also last considerably longer than falls in gross domestic product (GDP).
Further work will compare these findings with the ongoing COVID-19 pandemic crisis in more detail.