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labour market

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
ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
9th Oct 20, 10:16am
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ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
David Hargreaves has another wrestle with the latest savings and borrowing statistics
1st Oct 20, 3:06pm
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David Hargreaves has another wrestle with the latest savings and borrowing statistics
David Hargreaves is trying to keep tabs on Kiwis' spending and saving habits during the pandemic
23rd Sep 20, 4:03pm
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David Hargreaves is trying to keep tabs on Kiwis' spending and saving habits during the pandemic
Influential RBNZ survey sees house price falls over the next 12 months of a little over 1%; expectations of inflation have recovered from the record lows seen the in last survey
6th Aug 20, 3:51pm
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Influential RBNZ survey sees house price falls over the next 12 months of a little over 1%; expectations of inflation have recovered from the record lows seen the in last survey
David Hargreaves says the next Government needs to give a much bigger priority to ensuring we have the best statistical information possible
6th Aug 20, 11:40am
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David Hargreaves says the next Government needs to give a much bigger priority to ensuring we have the best statistical information possible
Kiwibank economist Mary Jo Vergara says women have traditionally done well in the workforce in times of war and crises - but 90% of the drop in employment according to latest figures was women
5th Aug 20, 2:46pm
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Kiwibank economist Mary Jo Vergara says women have traditionally done well in the workforce in times of war and crises - but 90% of the drop in employment according to latest figures was women
Statistics New Zealand says unemployment rate actually FELL to 4%, but the 'underutilisation' rate had a record climb, up to 12%, employment fell by 11,000 jobs and 37,000 people left the workforce
5th Aug 20, 11:13am
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Statistics New Zealand says unemployment rate actually FELL to 4%, but the 'underutilisation' rate had a record climb, up to 12%, employment fell by 11,000 jobs and 37,000 people left the workforce
As we look towards, hopefully, a recovery for the economy, David Hargreaves is seeing a 'W'
5th Aug 20, 9:40am
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As we look towards, hopefully, a recovery for the economy, David Hargreaves is seeing a 'W'
Economists at the country's largest bank see a chance that the country will fall back into recession again from the end of this year
4th Aug 20, 11:53am
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Economists at the country's largest bank see a chance that the country will fall back into recession again from the end of this year
Economists on average are picking unemployment to surge up from 4.2% to 5.7% for the June quarter - but they stress that the impact of the lockdown is going to make it difficult to get a clear picture
3rd Aug 20, 12:10pm
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Economists on average are picking unemployment to surge up from 4.2% to 5.7% for the June quarter - but they stress that the impact of the lockdown is going to make it difficult to get a clear picture
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
27th May 20, 10:51am
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The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
7th May 20, 3:22pm
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The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown
6th May 20, 2:00pm
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Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown
Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously
6th May 20, 11:01am
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Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
14th Apr 20, 12:28pm
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Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
14th Apr 20, 10:31am
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Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
17th Feb 20, 1:11pm
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BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'