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

 


84,000 more jobs in last year

Hon Steven Joyce
Minister for Tertiary Education, Skills & Employment

7 May 2014

84,000 more jobs in last year

The latest labour market data shows continuing strong employment growth with 84,000 more jobs added to the New Zealand economy in the last year – the largest increase in nearly a decade.

Today’s Household Labour Force Survey shows employment was up by 0.9 per cent – 22,000 people – in the March quarter and up by 3.7 per cent in the last year.

“The latest results show the growing strength of the New Zealand economy,” Mr Joyce says.

“While unemployment remained flat at 6.0 per cent, it was driven by a record labour force participation rate of 69.3 per cent. That compares with 64.7 per cent in Australia.

Highlights include:
• Female participation rose to 63.7 per cent – a new record high.
• Average ordinary time hourly earnings, as measured by the Quarterly Employment Survey, rose 2.5 per cent in the year. Inflation was 1.5 per cent in the last year, meaning New Zealanders’ wages continue to rise faster than the cost of living
• Unemployment for Pasifika continues to fall – down 2.2 percentage points from a year ago.

New Zealand’s unemployment rate continues to be lower than most OECD countries. The average unemployment rate across the OECD is 7.6 per cent.

“Through our comprehensive Business Growth Agenda, theGovernment has a strong focus on creating the opportunities for competitive businesses to invest and employ more people.

“Our results so far are reflected in strong growth, increasing employment, an improved trade balance, stronger productivity growth, and real wages rising faster than the cost of living.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The National Leadership “Contest”

Key’s endorsement of English has turned this “contest” into a race for second place.

This succession was well planned. Lets not forget that English was told by Key in September of his intention to resign, and English was the only member of Cabinet entrusted with that information before it was sprung on everyone else on Monday morning. More>>

Latest: Judith Collins and Jonathan Coleman have withdrawn from the leadership race, leaving Bill English the only candidate to replace John Key as Prime Minister.

 

Education, Marketing, Taxes: Health Groups Call For Actions For Sugary Drinks

The New Zealand Dental Association is launching a new consensus statement on Sugary Drinks endorsed by key health organisations. The actions seek to reduce harm caused by sugary drinks consumption. More>>

ALSO:

More Departures? David Shearer Proposed For UN Peacekeeping Role

Mt Albert MP David Shearer is being proposed for a demanding and exciting role heading the United Nations peacekeeping force in South Sudan, says Labour Leader Andrew Little. More>>

ALSO:

Security Agencies' Reports: GCSB Wants To Give ISPs More Power To Block Threats

The Government Communications Security Bureau wants to give internet service providers more information and power to block cyber threats which are increasing, its director told the intelligence and security select committee yesterday.. More>>

ALSO:

Education: Charter Schools Misleading Pass Rates

Labour: NCEA results for charter schools have been massively overstated... In one case a school reported a 93.3 per cent pass rate when the facts show only 6.7 per cent of leavers achieved NCEA level two. More>>

ALSO:

Rebstock Report Resolution: SSC Apologises To Derek Leask And Nigel Fyfe

Following a complaint by Mr Leask, the Ombudsman found that the State Services Commission acted unreasonably in relation to Mr Leask and identified numerous deficiencies in the investigation process and in the publication of the final report and in the criticisms it contained of Mr Leask... More>>

ALSO:

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

ALSO:

Earlier:

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news