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


Labour Force Survey: December 2005 quarter

Household Labour Force Survey: December 2005 quarter — 9 February 2006

Labour Market Still Tight but Signs of Easing

The seasonally adjusted Household Labour Force Survey (HLFS) results for the December 2005 quarter show a continuation of the tight labour market conditions experienced in recent quarters, Statistics New Zealand said today. However, following strong employment growth in recent quarters, there are now some signs of an easing in the labour market, with a slight decrease in the number of people employed.

The unemployment rate now stands at 3.6 percent – a drop of 0.1 of a percentage point from the revised September 2005 quarter figure.

Employment fell slightly by 1,000 (0.1 percent) in the December 2005 quarter. Employment of males increased by 0.5 percent over the quarter while female employment decreased by 0.7 percent. Full-time employment fell by 9,000 (0.6 percent) and part-time employment rose by 11,000 (2.4 percent). Total actual hours worked fell by 1.5 percent over the quarter in line with the decrease in full-time employment.

The working-age population increased by 12,500 (0.4 percent) this quarter. While this was the highest quarterly increase since December 2004 quarter, in annual terms it is the smallest increase since December 2001.

The number of people not in the labour force increased by 1.1 percent, absorbing all of the increase in the working-age population, while the total labour force decreased by 3,000 (0.1 percent) over the quarter. This resulted in a decrease in the labour force participation rate of 0.3 of a percentage point to 67.8 percent.

In summary, the labour market remained tight in the December 2005 quarter, but is showing signs of easing, with little change in the numbers of employed and unemployed. The unemployment rate is the equal lowest recorded, and the labour force participation rate is the second highest recorded, since the survey began in March 1986.

Unadjusted unemployment rates in the December 2005 quarter stood at 7.6 percent for Mäori, 6.2 percent for Pacific peoples, 5.8 percent for the 'Other' ethnic group, and 2.5 percent for the European/Päkehä ethnic group.

Brian Pink

Government Statistician


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. 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>>


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>>