Another 16,000 jobs this quarter
The latest employment data from Stats NZ shows:
- 16,000 more jobs this quarter
- 74,000 more jobs in the last year of which 60,000 are full-time
- Labour force participation rate at new high of 69.6%
- Unemployment rate steady at 5.8%
- An extra 15,900 manufacturing jobs over a year ago (don’t forget the crisis!)
- The number of hours worked have increased 9.7% over three years ago
- Salary rates up 1.7% in last year (while inflation is just 0.1%)