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Statistics out today show improvements for working Kiwis
The CTU welcomes the increase in the average wage by 4.2% over the year.
The increase in the Labour Cost Index by 2.4% over the year is a record since 2009, and a third higher than it would have been without the minimum wage increase and collective pay settlements such as those won by teachers and nurses.
"The broad picture is a good one and a result of collective bargaining, minimum wage increases and better labour law," CTU President, Richard Wagstaff said.
"If we are to turn this result into an ongoing trend we need a sustained shift to meet the needs of lower and middle income Kiwis. To do that we need a gear shift to make the structural changes needed to improve work lives for Kiwis. This means the introduction of Fair Pay Agreements."
"Fair Pay Agreements would allow for a more transparent and equitable framework. The Labour Market statistics could paint a brighter future for all Kiwis with the passing of good Fair Pay Agreement law," Wagstaff said.
ENDS
New Zealand Council of Trade Unions
Te Kauae Kaimahi
The New Zealand Council of Trade Unions Te Kauae Kaimahi brings together over 350,000 New Zealand union members in 40 affiliated unions. We are the united voice for working people and their families in New Zealand.
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