In NZ, employment prospects due to tertiary education remain strong overall despite increased tertiary attainment. The employment rate of tertiary-educated 25-64 year-olds was 89% in NZ, 6 percentage points higher than that of those with upper secondary or post-secondary non-tertiary qualifications in 2021
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Higher levels of tertiary education yield better earnings. In NZ, compared with an upper secondary qualification, the average earnings advantage for those with a bachelor’s or equivalent degree is 22%, rising to 52% for those with a master’s or doctoral or equivalent degree.
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