Average demand for debt collectors
Demand for debt collectors is average because even though vacancies are common due to high turnover, overall the occupation is shrinking.
According to the Census, 1,770 debt collectors worked in New Zealand in 2018, a 10.5% decrease from 2013.
Unstable economy creates more debt
Demand for debt collectors is likely to increase because the economy is unstable, which is causing more people to take on debt. According to the Reserve Bank, average household debt in New Zealand reached a record high in 2020.
Most debt collectors work for debt collection agencies
Debt collectors usually work for debt collection agencies, which contract their services out to other businesses.