Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Strong Employment Growth in the Wellington Region

MEDIA RELEASE

10 November 2006


Strong Employment Growth in the Wellington Region

The latest employment figures from Statistics New Zealand point to further buoyancy in the Wellington economy according to Wellington Regional Chamber of Commerce.

“The September 2006 quarter Household Labour Force Survey reveals a marked improvement in employment growth in the Wellington region”, said Chamber Chief Executive, Charles Finny.

“The survey shows that there were 31,100 jobs created in the Wellington region in the last 12 months. This compares with 31,200 for the country as a whole.

“This comes on the back of significant growth in Wellington’s working age population over the last year – the largest regional increase in terms of numbers and second only in percentage terms to Bay of Plenty.

“Wellington’s labour force participation rate of 70.2% is very high compared with the national average of only 68.0% (not seasonally adjusted).

“With an unemployment rate of 3.7%, Wellington’s is still marginally above the national rate of 3.6% (not seasonally adjusted) but this is unsurprising given the growth in its population and labour force participation.

“Our analysis suggests that in spite of a couple of prominent closures, new businesses starting up and a significant number of other enterprises taking on more people have driven the job growth.

“The figures are consistent with the Chamber’s latest business confidence survey which shows increasing employment intentions amongst businesses in the Wellington region.

“Wellington’s performance in the labour market relative to other economic indicators has let it down in recent times and so these latest employment figures are encouraging.

“However, much more needs to be done to both keep existing positions and bring new jobs to Wellington which is why the Wellington Regional Strategy, currently being put together by the region, is so important,” Mr Finny concluded.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>

ALSO:

Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>