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

 

Manufacturing employment falls

Manufacturing employment falls

The latest Statistics New Zealand Household Labour Force Survey shows an increase in the unemployment rate to 6.4%, as well as a significant decrease in the number of people employed in manufacturing, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive John Walley says, “The number of people employed in manufacturing fell by 3600 when compared to the March 2013 quarter, and is down 3900 when comparing year on year, to the June 2012 quarter.”

“While employment in many other sectors has seen growth, manufacturing has not; underlining our two-speed economy as the tradable sector, on which we all depend continues to struggle. This is not a sustainable position.”

“We have seen the recent example of Holcim’s cement production on the road to closing, choosing to import from overseas. This seems to be the path we are on, a result of having a relatively unsupportive environment for productive activity compared to other countries.”

“Continuing to operate a two-speed economy will hollow out much of the manufacturing activity that supports many jobs and economic activity elsewhere in our economy.”

“This effect and realistic policy responses were outlined earlier in the year by the Manufacturing Inquiry.”

“Is it time we started to value manufacturing and put policies in place to create a supportive, globally competitive environment. You don’t know what you’ve got until it’s gone, and if we don’t care about manufacturing in New Zealand, it will go. There needs to be a broad recognition that New Zealand needs manufacturing more than manufacturing needs New Zealand.”

“We have seen today that Government is willing to jump in to help stop a potential closure when it aligns with their asset sale commitment; notable by its absence is the same commitment to the rest of the manufacturing sector.”

“Is it wise to default to a position that sees our economy to rely on services, many of which depend on manufacturing activity, and agriculture? What is the future for our economy if we depend more and more on less and less, through neglect, losing complexity, capacity and capability?”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>



All District Health Boards: Historic Pay Equity Settlement

An historic agreement has been ratified that addresses a long-standing undervaluation of a workforce that is critical to the smooth running of our hospitals and the delivery of healthcare... More>>


MPI: Dry Autumn In Waikato And South Auckland Leads To Drought Classification Drought conditions affecting the primary sector in the Waikato and South Auckland were today classified as a medium-scale adverse event, enabling a package of support for farmers and growers... More>>


Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>


DoC: Smeagol The ‘Gravel Maggot’ Leaves Its Rare Mark On The Remote West Coast
An extremely rare species of sea slug or ‘gravel maggot’ has been detected for the first time on a remote beach in South Westland... More>>



Immigration: Annual Net Migration Loss Of 7,300

The provisional net loss of 7,300 people in the year ended March 2022 was the lowest net migration for a March year since 2012, Stats NZ said today... More>>