National’s legacy – Maori unemployment at nine year low
Stats NZ reports:
The unemployment rate for Māori fell to 9.0 percent, compared with 11.9 percent a year ago. This is the lowest Māori unemployment rate since the December 2008 quarter. …
That is not the only good news in there.
- 93,000 net new jobs created in 2017
- 71,000 new FT jobs and 22,000 PT
- 17,000 fewer unemployed
- Labour force participation rate up from 70.6% to 71.0%
- Unenmployment rate down from 5.3% to 4.5%
- Maori unemployment rate down from 11.9% to 9.0%
- Northland unemployment rate down from 7.3% to 5.6%
- Manufacturing jobs up 11,000
- Overall employment rate of 77.9% third highest in OECD and unemployment rate is 12th lowest
Again it will be very interesting to see what happens in 2018 with employment and unemployment. Takes more than cooking a breakfast.