labour market
Patrick Watson sees a silver lining in the pandemic for workers because Covid-19 is choking off foreign competition meaning they face less competition and can demand higher wages
30th Sep 21, 10:38am
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Patrick Watson sees a silver lining in the pandemic for workers because Covid-19 is choking off foreign competition meaning they face less competition and can demand higher wages
The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
12th Aug 21, 3:10pm
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The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
4th Aug 21, 11:01am
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Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
2nd Aug 21, 9:07am
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Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
Willem Buiter offers an estimate of the remaining US output gap in light of the pandemic's lingering effects
29th Jul 21, 9:43am
Willem Buiter offers an estimate of the remaining US output gap in light of the pandemic's lingering effects
Infometrics' Brad Olsen points out that labour market pressures are leading to employer job poaching which in turn raises pay expectations, and in turn again means pay rate differences between industries matter
28th Jul 21, 1:15pm
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Infometrics' Brad Olsen points out that labour market pressures are leading to employer job poaching which in turn raises pay expectations, and in turn again means pay rate differences between industries matter
The expected time lag between when New Zealand begins hiking official interest rates and when Australia does is set to be the longest lag in over 20 years, ANZ economists say
22nd Jul 21, 3:07pm
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The expected time lag between when New Zealand begins hiking official interest rates and when Australia does is set to be the longest lag in over 20 years, ANZ economists say
BNZ economists raise the possibility that the Reserve Bank might hike the Official Cash Rate by half a percentage point in one go - something that last happened over 21 years ago
20th Jul 21, 2:09pm
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BNZ economists raise the possibility that the Reserve Bank might hike the Official Cash Rate by half a percentage point in one go - something that last happened over 21 years ago
ANZ's Richard Yetsenga says higher interest rates are likely by 2023, whether borders are open or not in an analysis of Australia's position. There may be lessons for New Zealand too
19th Jul 21, 10:38am
ANZ's Richard Yetsenga says higher interest rates are likely by 2023, whether borders are open or not in an analysis of Australia's position. There may be lessons for New Zealand too
David Hargreaves has for some time been fretting over our 30% house price inflation bender. The events of the past week have not made him feel any better
18th Jul 21, 6:01am
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David Hargreaves has for some time been fretting over our 30% house price inflation bender. The events of the past week have not made him feel any better
The Reserve Bank has swapped its dove clothes for hawkish attire - while we will all now be watching economic data like hawks over the next few weeks to see if the RBNZ is likely to kick off Official Cash Rate hikes as soon as August
14th Jul 21, 4:08pm
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The Reserve Bank has swapped its dove clothes for hawkish attire - while we will all now be watching economic data like hawks over the next few weeks to see if the RBNZ is likely to kick off Official Cash Rate hikes as soon as August
As the labour market continues to produce positive surprises, ANZ economists have tweaked their forecasts and now see unemployment going under 4%
1st Jul 21, 11:36am
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As the labour market continues to produce positive surprises, ANZ economists have tweaked their forecasts and now see unemployment going under 4%
Latest BNZ/SEEK employment report shows job ads at a fresh record high in May
Statistics New Zealand says the unemployment rate dropped to 4.7% in the March quarter from 4.9% in December - beating market expectations
5th May 21, 11:06am
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Statistics New Zealand says the unemployment rate dropped to 4.7% in the March quarter from 4.9% in December - beating market expectations
Economists are seeing little change in the unemployment rate when official statistics are released this week
3rd May 21, 11:34am
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Economists are seeing little change in the unemployment rate when official statistics are released this week
The Government has asked the Productivity Commission to undertake a wide-ranging review of current immigration settings
3rd May 21, 10:58am
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The Government has asked the Productivity Commission to undertake a wide-ranging review of current immigration settings
Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated
9th Feb 21, 3:32pm
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Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
3rd Feb 21, 3:24pm
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The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
3rd Feb 21, 11:02am
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Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
2nd Feb 21, 9:51am
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Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
Business confidence recovers on back of strong demand for construction, according to NZIER's latest quarterly survey
19th Jan 21, 10:40am
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Business confidence recovers on back of strong demand for construction, according to NZIER's latest quarterly survey
Paul Conway argues innovation and new policy thinking are required if New Zealand's to emerge from the COVID crisis with a more productive, sustainable and inclusive economy
14th Nov 20, 9:30am
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Paul Conway argues innovation and new policy thinking are required if New Zealand's to emerge from the COVID crisis with a more productive, sustainable and inclusive economy
Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years
4th Nov 20, 10:57am
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Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years
Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics
3rd Nov 20, 12:07pm
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Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics
Economists think the unemployment rate will show a discernible lift for the September quarter, but the figures are not likely to be as bad as was being forecast earlier in the year
2nd Nov 20, 10:16am
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Economists think the unemployment rate will show a discernible lift for the September quarter, but the figures are not likely to be as bad as was being forecast earlier in the year