Parliament

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

 

New government inherits very strong labour market

1 November 2017

New government inherits very strong labour market

New Zealand’s strong employment market and dropping unemployment rate reflects the hard work of all our businesses and the confidence they have had in the country’s economic plan over the last nine years, National Party Leader Bill English says.

“The unemployment rate at 4.6 per cent is now the lowest since the beginning of the global financial crisis,” Mr English says.

“At the same time, job growth of 56,000 in the quarter has seen the number of New Zealanders employed rise to nearly 2.6 million, which is the highest ever.

“And in addition, the average wage has increased to $59,840 – up more than 28 per cent over National’s time in office.

“That’s growing businesses, thousands more jobs and thousands more New Zealanders in work and getting ahead. That’s genuine success and a great platform for New Zealand to build on,” Mr English says.

The employment rate at 67.8 per cent and the Labour Force Participation Rate at 71.1 per cent are now both the highest they have ever been.

“These results show the importance of the business sector having confidence in the economic direction of the country,” Mr English says.

“I’d encourage the incoming government to work to maintain this confidence and the confidence of New Zealanders in our successful, open and growing country. They should continue to back New Zealanders.

“It is our intention to hold the new government to account to ensure they don’t fritter away the great gains made by New Zealand workers and businesses in recent years that have given this country the third highest employment rate in the whole of the developed world.”

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Cancel Culture And The ‘hate Speech’ Laws

If there really is anyone out there who feels genuinely panicked about what ‘cancel culture' is doing to our precious freedoms, then maybe they should just take a deep breath, look hard at who has allegedly been ‘ cancelled’ and see if they can detect any trace of a lasting “cancellation“ effect. Chances are, the alleged cancellees will be doing just fine. By and large, they will be people who do not lack for a public platform – never have, never will – and the downstream effects of being “ cancelled” will almost invariably be trending towards zero... More>>

 

KiwiSaver: Default Provider Scheme Improvements Slash Fees, Boosts Savings

Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark said today. More>>

ALSO:

Government: Hundreds Of New Electric Cars For State Sector

Total of 422 new electric vehicles and charging infrastructure across the state sector $5.1 million for the Department of Conservation to buy 148 electric vehicles and install charging infrastructure $1.1 million to help Kāinga Ora buy 40 electric ... More>>

Pay Policy: CTU Public Service Unions Meet With Public Service Minister

The Council of Trade Unions and affiliated public service unions, met with the Minister for the Public Service Hon Chris Hipkins this afternoon to discuss the pay expectations of those working in our public services. CTU President Richard Wagstaff said it was ... More>>

Child Poverty: Reports Highlight Need For Ongoing Action

The Government has released the first Annual Report for the Child and Youth Wellbeing Strategy and the second Child Poverty Related Indicators (CPRI) Report, both of which highlight improvements in the lives of children as a result of actions of the Government, ... More>>

ALSO:

PM: Statement On The Speaker And Annual Review Debate

“The serious issue of alleged sexual assault and harassment at Parliament was poorly managed and inappropriately politicised last night. The tone of the debate did not reflect well on Parliament as a whole,” Prime Minister Jacinda Ardern said. ... More>>

Parliament: Mallard Fails To Give Taxpayers A Straight Answer

Trevor Mallard has confirmed he is unfit to be Parliament’s Speaker by failing to answer several important questions relating to the false rape accusation saga that cost taxpayers more than $330,000, Shadow Leader of the House Chris Bishop says. ... More>>

Local Government: Independent Review To Explore Future

Local Government Minister Nanaia Mahuta says an independent review of local government will explore how councils can maintain and improve the wellbeing of New Zealanders in the communities they serve long into the future. More>>

ALSO:


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels