Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


163,000 People Unemployed

163,000 People Unemployed

The Council of Trade Unions says it is a major failure of our economy that 163,000 people are unemployed.

Peter Conway, CTU Secretary says that "unemployment, particularly for long periods, is very damaging for those who are out of work and those effects spill over to their families and communities."

Statistics released today show that 163,000 are officially unemployed, with a further 111,000 looking for extra hours of work. The jobless number which includes those discouraged from seeking work is now 284,500 people.

"While the unemployment rate has fallen to 6.9 percent, the number actually employed has dropped also - the workforce participation rate shrank to its lowest level in almost nine years."

Peter Conway said that the 42,000 additional people opting out of the labour force is a major concern. It is not just about ageing but also the record exodus to Australia and despondency of those looking for work.

Peter Conway says "the CTU wants to see the Government do more to reduce unemployment by focusing on job creation - for example, they could review procurement policies so that New Zealand firms get a fair chance to bid for major manufacturing projects to create jobs here and support further funding for research and development, export marketing, and venture capital to create good jobs. Also there is a case to reintroduce community employment schemes."

Maori unemployment is 14.8 percent, Pacific unemployment is now up at 16 percent, and youth unemployment (15-19 years) has gone up to an unacceptable 30.9 percent. The female unemployment rate continued to rise, up 0.2 percentage points to 7.6 percent. This is the fourth consecutive increase in the female unemployment rate.

Peter Conway says "28.7% of those unemployed have been out of work more than 6 months and 12.3% of those out of work for more than a year compared to 8.4% a year ago."

Peter Conway also noted that we continue to do worse than in Australia. At December 2012, Australia's unemployment rate was 5.4%, up from 5.3% in November but down from 5.5% in September (seasonally adjusted). The September unemployment rate made it the longest run recorded (i.e. since 1986) that New Zealand has had a higher unemployment rate than Australia. The current run is the 15 quarters from June 2009 to December 2012. The previous longest was 13 quarters from March 1989 to March 1992 inclusive.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Plain Packs Plan: Gordon Campbell On Tobacco Politicking (And The TPP Death Watch)

Has Act leader David Seymour got the easiest job in the world, or what? Roll out of bed, turn on the radio and hmm…there do seem to be a lot of problems out there in the world. Must think of something. And so it came to pass that this morning, David Seymour took up his sword and shield to fight for a world that’s about to be denied the rich and vibrant beauty of tobacco advertising. More>>

ALSO:

.


RECENT TPP MEETING:

Professor Ian Shirley: The Budget That Failed Auckland

The 2016 budget offered Auckland nothing in the way of vision or hope and it continued the National Government’s threats against the Auckland Council. Threatening the Council with over-riding its democratic processes if it fails to release land for housing is a bullying tactic aimed at diverting attention away from the fundamental problems with housing in the region. More>>

ALSO:

PM's Post Cab Presser: Budgets, Trusts And Pacific Diplomacy

Today Prime Minister John Key summarised last week’s budget and provided further detail about his upcoming trip to Fiji. He said that there has been “plenty going on” in the last couple of weeks and emphasised the need for Auckland council to facilitate more housing supply. More>>

ALSO:

Max Rashbrooke: A Failure Of Measurement: Inside The Budget Lock-Up

Shortly after the embargo lifted at 2pm news organisations started filing reports claiming that health, and to a lesser extent housing and education, were the ‘big winners’ out of the Budget. It failed to take into account the fact that in most cases the apparent increases were in fact cuts. Because of the twin effects of inflation and population. More>>

ALSO:

DOCtored Figures: Minister Clarifies DOC Budget

“Commentators have overlooked the fact $20.7m of that perceived shortfall is new funding for Battle for our Birds 2016, provided for in last week’s Budget...” DOC also has approval in principle to carry over a further $20m to 16/17 due to unexpected delays in a number of projects. More>>

ALSO:

For The Birds: Gordon Campbell On The Budget

Budgies, so their Wikipedia page says, are popular pets around the world due to their small size, low cost, and ability to mimic human speech. Which is a reasonably good description of Finance Minister Bill English eighth Budget. . More>>

Max Rashbrooke On The 2016 Budget

The best label for this year’s announcement by Bill English might be the ‘Bare Minimum Budget’. It does the bare minimum to defuse potential political damage in a range of areas – homelessness and health are prime among them – but almost nothing to address the country’s most deep-rooted, systemic social problems. Indeed the Budget hints that these problems may get worse. More>>

ALSO:

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news