Scoop has an Ethical Paywall
License needed for work use Register
Parliament

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

 

Lower jobless welcome but pressures building

The drop in the unemployment rate is welcome news but the latest figures also highlight the growing pressures in an economy where business are struggling to find workers, National’s Finance spokesperson Amy Adams says.

“The Government inherited a strongly performing economy and today’s employment data, being a lag indicator, reflects that and shows the importance of a well-performing, flexible labour market. The question then arises – why overhaul employment law now?

“In addition, surveys show difficulty in finding skilled workers and changes to employment law are among the biggest concerns for business and have contributed to a slump in confidence.

“Today’s numbers confirm what businesses have been saying for some time about labour market constraints are real and present a significant risk to future economic growth.

“Today’s numbers also reveal the cost of living challenges facing many New Zealand households. Behind the strong headline numbers we saw wage growth at only 0.5 per cent in the latest quarter, half the growth rate of the cost of living (as measured by CPI).

“It’s pretty simple. Costs are going up faster than incomes. And that means many households are going backwards – particularly those on the lowest incomes.”

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Skewed Media Coverage Of Gaza

Now that he’s back as Foreign Minister, maybe Winston Peters should start reading the MFAT website which is currently celebrating the 25th anniversary of how Kiwis alerted the rest of the world to the genocide in Rwanda. How times have changed ...

In 2023, the government is clutching its pearls because senior Labour MP Damien O’Connor has dared suggest that Gaza’s civilian population - already living under apartheid and subjected to sixteen years of an illegal embargo, and now being herded together and slaughtered indiscriminately amid the destruction of their homes, schools, mosques, and hospitals - are also victims of what amounts to genocide. More


 
 
ACT: Call To Abolish Human Rights Commission

“The Human Rights Commission’s appointment of a second Chief Executive is just the latest example of a taxpayer-funded bureaucracy serving itself at the expense of delivery for New Zealanders,” says ACT MP Todd Stephenson. More


Public Housing Futures: Christmas Comes Early For Landlords

New CTU analysis of the National & ACT coalition agreement has shown the cost of returning interest deductibility to landlords is an extra $900M on top of National’s original proposal. This is because it is going to be implemented earlier and faster, including retrospective rebates from April 2023. More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.