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

 


Meagre fall in unemployment little solace

7 February 2012

Meagre fall in unemployment little solace for those out of work


New figures showing a modest improvement in unemployment will offer little solace for record numbers of New Zealanders out of work, the Green Party said today.

The Household Labour Force Survey statistics released this morning by Statistics New Zealand show that the unemployment rate fell to 6.9 percent for the December 2012 quarter, while the employment rate fell 0.8 percentage points, to 62.6 percent. 10,000 fewer people are now unemployed while 23,000 people left the labour market altogether. The employment rate is now at the lowest level in over 10 years.

“The slight fall of unemployment from record levels is little to get excited about given that 163,000 real people remain without jobs and are struggling to get by,” Green Party Co-leader Dr Russel Norman said.

“Behind these numbers hide the faces of our economic failure.

“Today’s near record unemployment numbers also signal the failure of this National Government to manage our economy effectively. Relative to the rest of the OECD, our economy is performing poorly.

“Most other OECD countries have been managing the global financial crisis better than our own.”

Parliamentary Library research commissioned by the Green Party shows that the New Zealand economy has performed relatively worse than the majority of countries in the OECD since 2009 – the peak of the global financial crisis. The data shows New Zealand ranked 22nd for growth in unemployment, 30th for the size of the current account deficit, 28th for growth in national savings, and 23rd for government debt.

“National has handled the global downturn poorly causing unnecessary pain and suffering throughout the country,” said Dr Norman.

“The 200 newly out-of-work Oamaru mill workers will find it difficult to find new jobs in the current environment of high unemployment especially as manufacturers are closing up shop due to the high New Zealand dollar.

“The Oamaru mill was founded in 1881 and has survived eight economic recessions and two depressions – including the Great Depression – but couldn’t survive the current economic settings under this National Government.

“Something major has to change with National’s economic approach because it’s simply failing workers and the families who depend on them for their livelihoods.”

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

The Kids: OECD Report Shows Huge Impact Of Poverty On Education

A new report from the OECD has again highlighted the negative effects of poverty, showing that disadvantaged children in New Zealand are more than six times more likely to underachieve in maths than children from wealthier homes. More>>

ALSO:

Pacific: NZ Pledges $500,000 To Help Address Zika

“With the Zika virus now confirmed in a number of Pacific countries, New Zealand is committed to helping limit the impact and spread of the virus in the region,” says Mr McCully. “New Zealand will provide $250,000 as a contribution to the WHO to implement the Pacific Zika Action Plan, and a further $250,000 to enable countries in the region to respond rapidly if required." More>>

ALSO:

Labour: Police Commissioner 'Doesn’t Get Force Needs'

The Police Commissioner has let down the public and his own force by insisting the police have what they need despite it taking a year to solve a burglary and overwhelming number of officers saying they are under-resourced, says Labour’s Police spokesman Stuart Nash. More>>

ALSO:

Gordon Campbell: On The US Pressure To Expand Our Role In Iraq

Foreign news services are being more forthcoming about what the “next 12 months” will entail – essentially, the defence ministers will be under US pressure to increase their “training” role preparatory to an assault on the city of Mosul in northern Iraq. More>>

ALSO:

Parliament Restarts: Prime Minister’s Statement

Our policy agenda and legislative programme will reflect the Government’s four priorities: • to responsibly manage the Government’s finances • to build a more competitive and productive economy • to deliver better public services to New Zealanders, an • to support the rebuilding of Christchurch. More>>

ALSO:

NZEI Survey Report: Special Needs Students Missing Out

The survey revealed that around 16 percent of students were on schools’ special needs registers, but nearly 90 percent of schools’ special needs coordinators did not believe there was adequate support for students and their learning... More>>

ALSO:

Interim Report: Waitangi Tribunal On Ture Whenua Legislation

Labour on Proposed changes to Maori land rules: “To have Treaty Negotiations Minister Chris Finlayson dismiss findings as ‘bizarre’ is totally disingenuous and disrespectful. What’s bizarre is Maori Development Minister Te Ururoa Flavell stubbornly pushing through this Bill before the Waitangi Tribunal has even completed its report..." More>>

ALSO:

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news