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?”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Largest Drop In Terms Of Trade In A Decade As Dairy Export Prices Sour

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today. Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever ... More>>


Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing


House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... 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>>