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


Unemployment reaches 150,000

Embargoed until 10:45am – 05 November 2009

Unemployment reaches 150,000

In seasonally adjusted terms, the number of unemployed rose by 12,000 to reach 150,000 people, and the unemployment rate increased to 6.5 percent during the September 2009 quarter, Statistics New Zealand said today. The number of people unemployed is at its highest level since the March 1994 quarter.

A rise in the number of unemployed males drove the increase in unemployment during the latest quarter, however, the number of unemployed females also rose. The number of people unemployed has increased steadily since the December 2007 quarter.

The number of people employed fell by 17,000 during the latest quarter, driven entirely by males.

Male full-time employment decreased by 14,000, while male part-time employment decreased by 6,000.

“During the past year there have been notable decreases in employment in the manufacturing, retail trade and accommodation, and construction industries, while employment in the health care and social assistance, and public administration and safety industries has increased”, said Peter Gardiner, Manager of Work, Knowledge and Skills at Statistics New Zealand.

Actual hours worked fell by 0.7 percent during the September 2009 quarter, reflecting the 0.8 percent fall in employment. Actual hours worked have fallen by 3.1 percent since the September 2008 quarter.

The labour force participation rate fell by 0.4 percentage points to 68.0 percent during the latest quarter, partly due to a decline in the number of people in the labour force. Participation is at its lowest rate since the March 2008 quarter.

Household Labour Force Survey Sep 09 (pdf)

Household Labour Force Survey Sep 09 – Tables (xls)


© Scoop Media

Business Headlines | Sci-Tech Headlines


Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>