ISSUE
Friday, August 22, 2025
Volume 16 . Issue 73
Jobs mean people can pay their bills. Jobs put food on Kiwi tables. And jobs mean people can save and invest in brighter futures for themselves and their families.
New labour market data shows in last year’s December quarter employment was up by 1.2 per cent, and up by 3.5 per cent in the last year. That’s 28,000 more jobs in the past quarter, and 80,000 more jobs over the last year.
National’s priority to build a more competitive and productive economy is paying off.
A recent New Zealand Institute of Economic Research survey reported that hiring intentions are very strong, and SEEK reported a 10 per cent increase in new jobs ads during 2014 compared with 2013 – 20,000 more ads.
The largest regional contributors to growth in the New Zealand economy over the last year were Auckland with an increase of 22,300 jobs, Waikato with an increase of 17,400 jobs, Canterbury with an increase of 15,800 jobs, and the Bay of Plenty with an increase of 15,600 jobs.
We have continually focused on economic policies that encourage business investment across New Zealand communities. We know it’s only when businesses have the confidence to invest, that we achieve the sort of strong job growth we are seeing now. Our approach is working, New Zealand business confidence is at historically high levels.
The latest Household Labour Force Survey (HLFS) shows record high participation in the labour market – 69.7 per cent. This is the highest participation rate on record. Despite the strong job growth, this high participation rate has meant unemployment has risen slightly to 5.7 per cent.
This still has us ahead of most of the OECD – with the average unemployment rate across the OECD at 7.2 per cent.
The report also shows average wages are growing, lifting 2.6 per cent over the year – well ahead of the 0.8 per cent inflation rate. This is good news for hard-working New Zealanders and their families, giving them more money in their pockets.
The HLFS also showed that the female employment rate is the highest it’s been since 1986, and we’re seeing more ethnic people in employment.
The hard work and entrepreneurship of New Zealanders, together with the Government’s clear economic plan, and careful financial management has our country in good shape.
Jobs mean people can pay their bills. Jobs put food on Kiwi tables. And jobs mean people can save and invest in brighter futures for themselves and their families.
New labour market data shows in last year’s December quarter employment was up by 1.2 per cent, and up by 3.5 per cent in the last...
Jobs mean people can pay their bills. Jobs put food on Kiwi tables. And jobs mean people can save and invest in brighter futures for themselves and their families.
New labour market data shows in last year’s December quarter employment was up by 1.2 per cent, and up by 3.5 per cent in the last year. That’s 28,000 more jobs in the past quarter, and 80,000 more jobs over the last year.
National’s priority to build a more competitive and productive economy is paying off.
A recent New Zealand Institute of Economic Research survey reported that hiring intentions are very strong, and SEEK reported a 10 per cent increase in new jobs ads during 2014 compared with 2013 – 20,000 more ads.
The largest regional contributors to growth in the New Zealand economy over the last year were Auckland with an increase of 22,300 jobs, Waikato with an increase of 17,400 jobs, Canterbury with an increase of 15,800 jobs, and the Bay of Plenty with an increase of 15,600 jobs.
We have continually focused on economic policies that encourage business investment across New Zealand communities. We know it’s only when businesses have the confidence to invest, that we achieve the sort of strong job growth we are seeing now. Our approach is working, New Zealand business confidence is at historically high levels.
The latest Household Labour Force Survey (HLFS) shows record high participation in the labour market – 69.7 per cent. This is the highest participation rate on record. Despite the strong job growth, this high participation rate has meant unemployment has risen slightly to 5.7 per cent.
This still has us ahead of most of the OECD – with the average unemployment rate across the OECD at 7.2 per cent.
The report also shows average wages are growing, lifting 2.6 per cent over the year – well ahead of the 0.8 per cent inflation rate. This is good news for hard-working New Zealanders and their families, giving them more money in their pockets.
The HLFS also showed that the female employment rate is the highest it’s been since 1986, and we’re seeing more ethnic people in employment.
The hard work and entrepreneurship of New Zealanders, together with the Government’s clear economic plan, and careful financial management has our country in good shape.
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