Published 7 August 2009
New Zealand’s unemployment level is up 53% from a year ago, Statistics NZ’s household labour force survey for the June quarter (out yesterday) & quarterly employment survey (out Tuesday) show.
The employment survey showed fulltime-equivalent employees down 3.2% from a year ago to 1.36 million employees. Average total hourly earnings in the private sector were up 3.7% to $23.29/hour, and in the public sector were up 5.8% to $31.89.
The male unemployment rate was unchanged at 5.6% but the female rate was up from 5.6% in the March quarter to 6.1%. The combined rate rose from 5.6% in March to 5.8% in June, compared to an unemployment rate of 3.9% a year ago.
The survey shows unemployment in the Auckland region up from 6.5% in March to 6.6%, compared to 4.3% a year ago.
The labour force participation rate was down slightly, from 75% in the March quarter to 74.8%. A year ago it was 74.9%.
The number of unemployed was up by 46,000 (52.6%), from 87,500 to 133,500.
These figures are actual, not seasonally adjusted.
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Attribution: Statistics NZ tables, story written by Bob Dey for the Bob Dey Property Report.