Bay unemployment on the rise

Unemployment has fallen nationally to 5.3 per cent, the lowest since March 2009, according to the latest Household Labour Force Survey.

However, Bay of Plenty sits equal with Northland as the third highest region for unemployment rates.


The construction industry is continuing to grow.

Bay of Plenty's unemployment rate has increased by 0.5 per cent compared the 2014 figures. Only the Bay and Canterbury (0.4 per cent) had an increase in unemployment.

Tertiary Education, Skills and Employment Minister Steven Joyce says there were an additional 21,000 jobs in the December quarter, and 175,000 additional jobs over the past three years.

'It's positive to see strong falls in unemployment in many regions, including Northland, Gisborne/Hawke's Bay, Manawatu/Whanganui, Nelson/Tasman/Marlborough/West Coast, Taranaki and the Waikato,” says Steven.

'The construction industry led the way with 27,500 more people in the year to December, largely driven off residential construction in Auckland. It's also positive to see strong growth in technicians and trade workers, with 20,800 more employed over the year.”

The majority of construction employment growth was in Auckland, with 18,900 more people

employed over 2015. Canterbury and Bay of Plenty also contributed to employment growth in the

construction industry (up 4,800 and 4,100, respectively).

Steven says wages continue to outpace cost of living increases, with the average weekly wage up 3.1 per cent in the past year, compared with inflation of 0.1 per cent.

Other highlights include youth not in employment, education or training (NEETS) was the lowest since September 2008 (10.9 per cent).

It shows NEET figure for 15-19-year-olds was again the lowest since records began in 2004 (6.5 per cent). It also shows Pacific peoples unemployment is now the lowest in seven years and Maori unemployment fell 1.6 per cent.

'This quarter's unemployment rate is better than nearly all commentators anticipated,” Steven says.

'While that measure will continue to move around each quarter, the job growth and employment figures for New Zealand continue to be strong relative to nearly all other developed countries.

'This shows that the New Zealand economy is growing well relative to our competitors and that the Government's economic programme including the Business Growth Agenda, is helping provide employers with the confidence to invest and grow jobs.”

Steven says the government will continue its relentless focus on encouraging investment to grow more and higher paying jobs for New Zealanders.

While the figures showed there had been a drop in unemployment nationally, Bay of Plenty sat third equal with Northland for the highest rate of unemployment with both regions having 6.2 per cent unemployment compared with December 2014.

The worst region was Manawatu/Whanganui 6.8 per cent followed closely by Gisborne/Hawke's Bay with 6.7 per cent.

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4 comments

94% employed in BoP

Posted on 04-02-2016 14:55 | By Ron

Great to see that more than 9 out of ten job seekers are employed in the Bay of Plenty (an area which includes the outback of the Eastern Bay of Plenty and down to Turangi. Roll on the TPPA and even more job opportunities.


Ron

Posted on 04-02-2016 16:20 | By maildrop

It's an economy built on milk and a housing bubble that is about to burst. Not sure how many of those 94% would consider their job to be paid enough, secure enough or provide enough hours of work. Far too many low paid, part time, temporary, casual jobs. Can't see how TPPA will change that.


Overit

Posted on 04-02-2016 18:29 | By overit

These recruitment agencies are making a killing. Paying the workers $16/hr. No security and some having a fine if the business wants to employ a good worker. Consequently trapping the worker in a low paid cycle. Some even take tax and holiday pay out of the $16/hr. This how NZ is going. Lovely eh.


Wisechief

Posted on 05-02-2016 07:34 | By Wise Chief

Ron, from your positive spin on unemployment figures it is obvious you a Nats supporter. Impending global meltdown caused again by same greedy bankers assures us few real permanent and decently paid jobs. With casualisation of workforce most Kiwi's cannot now ever hope to qualify for a mortgage let alone earn enough to save a deposit. This in turn will soon impact via less people able to afford homes and with it less building work and less jobs all over again as is usual from deliberately created boom bust real estate cycle of NZ created by Aussie Banks. With Aussie Big 4 taking some $30 Billion in cash profits per annum and their annual rise in profits coinciding with the annual amounts being saved via WINZ cost saving war against beneficiaries, we have something seriously amiss with this countries government or lack of. OZ Bankers in control not Key.


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