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

 

CTU comment on employment statistics

Today’s wage figures show that Governments can and do make a real difference to the wages of working people, and that the effort needs to continue, the CTU said today.

The CTU also welcomed the strong employment figures.

"All the parties in the Coalition Government have excellent policy commitments to improve the wages of people on lower incomes. The impact of the care and support equal pay settlement shows the real dollars and cents difference they make," says CTU Secretary Sam Huggard.

"Some stronger increases are starting to come through now, with a 2.9 percent increase in the average wage over the last year, but many people are still missing out with almost half (47 percent ) of jobs not seeing a pay rise in the last year.

"That today’s figure no longer incudes wage data boosted by the care and support settlement, only underlines the need for Government to keep the energy up and continue to be a real driver of wage growth. Ongoing equal pay settlements, the strong minimum wage commitments, adopting the Living Wage in the public sector including for contracted workers and potential Fair Pay Agreements are all initiatives that will continue deliver for working people."

"The sharp fall in unemployment to 3.9 percent, driven by falls in youth unemployment, and falling numbers of young people who are not in employment, education or training, are long overdue and welcome.

"It is the first time the unemployment rate has been under 4 percent since June 2008. It shows that we can have strong rises in wages, such as the minimum wage, without hurting employment, especially when the Government is active in employment and regional development.

"The strong rise in employment, by 29,000 people, should also put an end to the debate as to whether recent business confidence surveys have been anything more than a political poll of business executives."


© 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>>

ALSO:

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>>