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

 

Latest Quarterly Labour Market Report released

Media release
28 February 2014

Latest Quarterly Labour Market Report released

The Ministry of Business, Innovation and Employment has today released the Quarterly Labour Market Report for the February quarter. This report combines the Ministry’s labour market monitoring programme with the latest developments in the labour market to paint a summary of labour market trends up to the latest quarter.

As well as the latest MBIE employment outlooks, the Quarterly Labour Market Report gives insights into employment trends by industry and region, summarises data on labour supply factors and participation, and presents information on indicators of labour supply and demand matching.

Some key points for this quarter are:

•             New Zealand’s economic outlook is strengthening
•             Employment growth is reaching more regions
•             There is greater labour force participation by single mothers, higher participation rates for Pacific peoples and Māori, and the youth labour market improved over the year
•             Net migration is high and increasing, as losses to Australia decline 

This issue of the Quarterly Labour Market Report contains a special feature on jobs and earnings in the Canterbury construction sector.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Petya: New Ransomware Campaign Hits Worldwide

A new ransomware campaign known as Petya is affecting computer networks using Microsoft Windows. It was first seen affecting systems in the Ukraine, but is quickly spreading across other computer networks in Europe. More>>

ALSO:

Skodafone Goneski: Sky TV, Vodafone Drop $3.44 Billion Merger Plan

Sky Network Television and Vodafone New Zealand have terminated their merger agreement which aimed to create the country's largest telecommunications and media group, and have withdrawn an appeal against the Commerce Commission's rejection of the plan. More>>

Quake Insurance: Reforms To EQC Act Announced

· Increasing the monetary cap from $100,000 (plus GST) to $150,000 (plus GST) for EQC building cover.
· Clarifying EQC land cover is for natural disaster damage that directly affects the insured residence or access to it... More>>

ALSO:

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>