More Jobs, Reduced UE, Policies Are Delivering
Webhosting Special Deal- NZ$25 ex-GST per month!!! Contact Spectator
More Jobs, Reduced
Unemployment, Policies Are Delivering - What's The
First published on
By Paulo Politico
New Zealand is outperforming the United States,
Australia, Belgium, Canada, Germany, the Czech Republic, and
France in providing jobs. But most exciting are Household
Labour Force Survey figures showing falls in unemployment
across regions. The performance suggests policies are
delivering jobs. And still the National Party has yet to
1,867,000 New Zealanders are currently
employed, according to Statistics New Zealand. Even better,
employment has increased for the eighth consecutive
The seasonally adjusted unemployment rate,
for the March 2002 quarter, has fallen to just 5.3 percent.
Those results are nothing short of stunning, and are
a credit to every single person, group and government agency
that has ever made job creation are high priority.
For the government, the figures are a massive
victory. Employment growth is a key indicator of economic
growth. Employment is also a key ingredient to wealth
creation. A job means an income, and an income means the
chance to accumulate wealth.
On the same day that the
latest unemployment figures were released, Statistics New
Zealand released another key result that points to economic
growth – trade figures.
The seasonally adjusted value
of merchandise exports, in the March 2002 quarter, is $3,026
million, which is $6 million ahead of forecast. The
merchandise trade balance, for the March 2002 month, is an
astonishing $456 million!
In percentage terms, the
trade surplus is the highest for a March month since 1994.
For those with a keen interest in ensuring the New Zealand’s
economy is performing well, employment growth, a low
unemployment rate, an increase in the value of exports, and
the impressive trade surplus, will gladden the heart.
New Zealand’s economy has remained remarkably buoyant
over the past year, despite problems following the events of
September 11 and the consequential slowdown in the world
economy. New Zealand’s unemployment rate now puts it
twelfth equal (with Japan) in the OECD ranking. We are
outperforming the United States, Australia, Belgium, Canada,
Germany, the Czech Republic, and France.
the most exciting outcome of the latest Household Labour
Force Survey figures is the fall in unemployment across
regions. The year on year unemployment rate, for the March
2002 year, fell in the Waikato (down from 6.5 to 6.1), Bay
of Plenty (8.5 to 7.2), Gisborne/Hawkes Bay (6.6 to 4.9),
Taranaki (6.2 to 4.9), Manawatu-Wanganui (6.5 to 6.2), and
Canterbury (6.0 to 5.5). The participation rate increased
in 10 of the 12 regions surveyed.
Minister Dr Michael Cullen reads his third Budget in a few
weeks, he will present a set of economic forecasts that will
illustrate how the economy is growing. Underpinning that
growth is an increase in productivity throughout the
country, largely on the back of an increase in employment.
The economic outlook for New Zealand is very good if
employment growth can be sustained. Certainly there is no
reason to suggest that this can’t happen.
The gain in
long-term migration means families are moving New Zealand,
with the intention of living here permanently. Thousands of
migrants are bringing wealth, business acumen, skills and
technical knowledge, all of which can be utilised put to
good use in this country.
A key outcome of the
increase in long-term immigration is that new permanent and
long-term migrants fuel demand of residential property.
This in turn helps to fuel construction. Statistics New
Zealand confirmed that the number of new dwelling units,
authorised in March 2002, was 1,986. The value of those
dwelling units was around $333 million.
witness the value of those homes firsthand when you travel
around suburban Auckland and see new houses being built.
Those new houses are being built by building contractors,
the spouting is being installed by plumbing contractors, and
the wiring is being installed by electricians, all of whom
are winning because of immigration and the boom in the
Who could possibly suggest
that this development is bad for the New Zealand economy,
let alone our society?
The National Party has
completely misread the mood of the electorate. They do not
understand that employment and economic development are so
important to voters. They do not appreciate that an
increase in job opportunities is an issue that voters care
At National’s lower North Island regional
conference this past weekend, speakers could not bring
themselves to talk about issues such as employment growth.
They chose instead to attack Helen Clark, vilifying her and
condemning her physical attributes.
Bill English reportedly referred to Clark as a “lemon
Frontbench MP Gerry Brownlee, who was
ordered in March this year to pay $8,500 for manhandling a
Native Forest Action campaigner, reportedly told delegates
that Clark is a person that needed to be “broken”.
National president Michelle Boag reportedly accused
the government of “not fronting up on the issues” .
Right throughout the weekend, National’s leadership
chose to avoid talking about issues of substance. Instead
National chose to wallow in the cesspit of personal
vilification. The contrast in style between the government
and the National opposition is breathtaking.
National, the Act Party appears to have some interest in
employment issues, if only fleeting. Richard Prebble
reportedly commented on the latest trend in employment, but
only to criticise the result.
It has been left up to
the government, through Steve Maharey and Jim Anderton, to
provide leadership on issues such as employment
opportunities. A colleague of mine recently said the
opposition relegates employment to the “too hard basket”.
That is a highly cynical view, but probably a correct one.
Employment growth is really important. It’s too
important to ignore, let alone attack.
and credible opposition would welcome the growth in
employment and congratulate the government and key sector
groups such as private enterprise, trade unions, and other
community organisations for working to stimulate job growth.
Support rather than condemnation would almost certainly win
the kudos that National, in particular, appears to
In three months time Statistics New Zealand will
release an updated set of information figures, which are
likely to confirm that the number of new employment
opportunities continues to grow. That news is good news for
the business and for aspirant job seekers.
government, which has presided over the creation of over
100,000 new jobs, will welcome the result as confirmation
that New Zealand is on the right track. For the opposition,
the result would be disastrous.
For National in particular
the employment statistics will be a crucial test. A
credible opposition will rise above political point scoring
and opportunism, and congratulate the government when the
government deserves praise.
Bill English must not repeat
his weekend assault on New Zealand’s Prime Minister. He
must talk about jobs and economic growth, rather than
condemn her physical
government responded to the release of the Household Labour
Force Survey results within two hours of the release by
Statistics New Zealand, while the National opposition has
yet to issue a media statement … four days after the
Send your comments to: Spectator News
© Spectator News Agency, Multimedia
© Scoop Media