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NZ Jobs Rise
World Economy

NZ Jobs Rise

Job opportunities are growing in New Zealand with some parts of the country seeing unemployment fall to the lowest it has been since 2008, ExpatForum reported. Official figures show
that the unemployment rate decreased to 5.1% in the second quarter of 2016 and more women are employed. “Compared with June 2015, there were 8,000 fewer unemployed women, and their unemployment rate fell from 6.2% to 5.4%,” said Mark Gordon, labor and income statistics manager at Statistics New Zealand. In unadjusted terms, unemployment was down from a year ago across many North Island regions, including Auckland, which had an unemployment rate of 4.7% in the June 2016 quarter, the lowest since the September 2008 quarter when it was 4.1%. The June 2016 quarter results indicate that 66.2% of the working age population were employed. Compared with the March 2016 quarter, there were 58,000 more employed people, a rise of 2.4%. Meanwhile, the latest data from employment firm SEEK shows that there were 4.8% more jobs advertised in July 2016 than 12 months ago.

 

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