This year 1766 first-year teachers were employed compared with 2348 in 2004. But while the Ministry of Education describes the teacher supply as being in its best shape in years, the sector is urging caution and saying a healthier economy could bring a sudden turnaround.
Teach NZ manager Di Davies said teacher supply and demand were "more in balance than at any time over the last decade".
"Teaching vacancies have fallen to their lowest level in a number of years, as have teacher losses."
Nearly a quarter of the vacant positions were in Auckland, while just under half were deemed to be hard-to-staff positions.
However, Post Primary Teachers Association president Robin Duff said the problem with the ministry's staffing surveys was they underestimated staffing needs and didn't reflect the real number of vacancies.
He said the ministry was too complacent about vacancies in secondary schools and would be caught out if the economy improved.
Vacancies advertised in the Education Gazette last year totalled just under 8000, 2600 down on 2008.