Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Unemployment Figures Support Skills Concerns

The just released Household Labour Force Survey figures support EMA Central’s call for Government to recognise the skills shortage struggle employers around the country are facing.

The figures show that despite rising immigration increasing the labour supply by 0.5%, the job market grew, to a point where 66.4% of working age New Zealanders now participate in the workforce – the highest rate since 1987.

Employers & Manufacturers Association Central chief executive Paul Winter says it is clear the workers coming to New Zealand are the ones the country needs to boost its growth and get businesses working at capacity.

“We need skilled workers now. In fact, some companies within the EMA Central region needed them yesterday!

“EMA Central applauds the Government’s recent immigration policy softening and hopes to see more of it, especially for workers in high growth areas,” Mr Winter says.

The other significant figure to come out of the Survey was the rise in the unemployment figure to 5.4%, which serves as a timely reminder to Government that New Zealand is operating in a tough global marketplace.

This is the time to invest in building the skills of our people, and not raise business compliance costs, or reward ourselves with greater Government handouts, Mr Winter says.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>