Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Unemployment rate collapses to 3.8%

Unemployment rate collapses to 3.8%

Progressive MP Matt Robson says the news today that New Zealand's unemployment rate has now collapsed to 3.8% highlights again the benefits of five years of progressive government promoting regional, industry and economic development.

There are now 2,022,000 people in work and over 230,000 new jobs in New Zealand since the progressive government was elected in late 1999. Only 79,000 people are unemployed, down from over 120,000 five years ago. Maori unemployment is around 8%, down from near 30% under National Party rule a decade ago.

"The dramatic news today that our unemployment rate is at its lowest level in a generation reminds us why we need to keep on delivering policies that propel companies' growth and that add to further productivity gains for our economy so we can carry on delivering forward-looking education, housing and social policies," the Progressive MP said.

Last week the Progressive Party outlined its policy campaigns to lower the company tax rate to match Australia's so that the New Zealand continues its winning streak of out-performing the Australian economy. Progressive is also campaigning to cut into the debt levels of tertiary graduates who work in New Zealand.

"In the coming weeks and in the New Year, the Progressive Party will outline further policies for economic development. The strengthening of the economy is essential to reach our goal of full employment, free education, and free healthcare," Matt Robson said.

Statistics New Zealand's Household Labour Force Survey today showed a continuation of the labour market strength observed in recent quarters. It reported strong employment growth of 0.9 percent, a fall in the unemployment rate to 3.8 percent and increasing labour force participation.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Government: Traffic Light Levels Announced

The levels at which different parts of New Zealand will move forward into the COVID-19 Protection Framework this Friday have been announced. Northland, Auckland, Taupō and Rotorua Lakes Districts, Kawerau, Whakatane, Ōpōtiki Districts, Gisborne District, Wairoa District, Rangitikei, Whanganui and Ruapehu Districts will move in at Red... More>>


Gordon Campbell: On Why An Attack On Iran Is Back On The Agenda

Reportedly, Christopher Luxon has the edge on Simon Bridges in National’s leadership contest although there is no firm evidence for that hunch. So, one hesitates about joining a media echo chamber that amplifies Luxon’s chances ahead of the 3pm caucus meeting today. You know how it goes: Luxon doesn’t quite have the numbers, so his people start talking to the media to make him seem like the smart bet. Or even perhaps: Luxon hasn't got the numbers, and his people start talking to the media to talk up his support so that he gets a nicer consolation prize... More>>


Government: Delivers Reactivation Package As Aucklanders Reconnect For Summer
A new support package will help revive economic, social and cultural activities in our largest city over summer, and ensure those in hardship also get relief. The Social Development and Employment Minister Carmel Sepuloni and the Economic and Regional Development Minister Stuart Nash... More>>

Government: Crown Accounts Reflect Strong Economy Amid Pandemic

The Government’s financial accounts continue to reflect an economy that has performed better than expected, despite the latest Delta COVID-19 outbreak. The Crown accounts for the four months to the end of October factors in the improved starting position for the new financial year... More>>


National: Christopher Luxon Elected Party Leader
Christopher Luxon has been elected Leader of the New Zealand National Party, alongside Nicola Willis as Deputy Leader. “It is a tremendous privilege to lead our great party, and I thank my colleagues for the confidence they have placed in me,” Mr Luxon says... More>>

Waitangi National Trust: Waitangi Week
The Waitangi National Trust has decided there will be no in-person events at Waitangi Treaty Grounds during Waitangi Week 2022. Under the COVID-19 Protection Framework it would be practically impossible to safely proceed with the usual events of Waitangi commemorations... More>>

Freedom Camping: Making Sure People Are Up To Play With Changes
People interested in finding out how the proposed improvements to freedom camping might affect them are being invited to an information-sharing webinar... More>>

AUT: Aucklanders Are Less Concerned With Covid
In reaction to commentary that Aucklanders are at breaking point after more than 100 days in lockdown and that compliance with the rules is under threat, AUT Emeritus Professor of Sociology Charles Crothers says... More>>




InfoPages News Channels