Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Strong employment growth sees fall in unemployment

11 November 2003 Media Statement

Strong employment growth sees fall in unemployment

The continued strength of the New Zealand economy has seen more New Zealanders move in to work over the winter and driven unemployment to its lowest level in 16 years, Social Development and Employment Minister Steve Maharey said today.

According to Statistics New Zealand’s Household Labour Force Survey for the September 2003 quarter the official unemployment rate now stands at 4.4 percent (down 0.3 percentage points). Unemployment was last at these levels in December 1987, when the official unemployment rate was 4.2 percent.

New Zealand’s unemployment rate is now the fifth lowest in the OECD, below that of the United Kingdom (5.0 percent), Japan (5.1 percent) Australia (5.8 percent) and the United States (6.1 percent). The average unemployment rate amongst OECD nations was 7.1 percent.

Steve Maharey said it was particularly pleasing to see falls in unemployment amongst those all the groups that typically experience higher rates of unemployment.

“The unemployment rates for Maori (9.7 percent), Pacific peoples (6.6 percent) and young people aged 20-24 years (6.0 percent) have all fallen, while the number of long term unemployed has also fallen by 4,500 over the year. This is the first time Maori unemployment has dropped below 10 percent since December 1987.

“The number of people in employment has now grown by 10 percent since the Labour-led government took office, with 176,000 more New Zealanders enjoying the security of paid work.

“Job growth this quarter has been shared around, with both unemployed New Zealanders moving back in to the workforce, as well those not currently in the labour force (for example mothers returning to work or those completing tertiary study), finding paid work.

“The message from these statistics is that the government needs to keep its focus on improving skills amongst workers and those looking for work – and to continue with practical job finding assistance for those not already in the workforce, such as the recently announced Jobs Jolt package,” Steve Maharey said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark.

With so much still to be finalised, Sir Michael Cullen and his colleagues are going to need all the All Blacks’ fabled finishing skills to get a coherent, fiscally neutral package together by the February 2019 deadline. More>>


Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>


No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>


Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>


Suffrage 125: NZ A Trailblazer For Women

“We acknowledge the work of Kate Sheppard, Meri Te Tai Mangakāhia, and all of the suffragists who tirelessly campaigned for the vote… Today we also need to ask each other: how we can continue to make our country a fairer and better place to continue the legacy of the suffragists.” More>>


Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>





InfoPages News Channels