Stats NZ has a new website.

For new releases go to

www.stats.govt.nz

As we transition to our new site, you'll still find some Stats NZ information here on this archive site.

  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Employment rises as labour market continues to improve
Embargoed until 10:45am  –  06 November 2013

Labour market statistics for the September 2013 quarter  –  Media Release

Employment growth continues in the labour market, while wages remain subdued, Statistics New Zealand said today. The employment rate rose to 64.4 percent and the unemployment rate fell to 6.2 percent.

Over the September 2013 year, the number of people employed rose 2.4 percent in the Household Labour Force Survey (HLFS). Demand for workers from established businesses rose 1.9 percent in the Quarterly Employment Survey (QES).

"We saw continued improvement in labour market conditions over the quarter as employment rose and unemployment fell," industry and labour statistics manager Diane Ramsay said. "However, annual wage inflation remains restrained."

Annual wage inflation, as measured by the labour cost index (LCI) salary and ordinary time wage rates, eased to 1.6 percent in the September 2013 quarter, down from 1.9 percent this time last year. "Subdued wage inflation follows a period of higher unemployment during 2012 and coincides with low consumer price inflation," Ms Ramsay said.

Average ordinary time hourly earnings, as measured by the QES, edged up 2.6 percent over the year – up from 2.1 percent in the previous quarter. This increase was influenced by fewer part-time jobs.

In the September 2013 quarter: 

 

 September 2013
quarter

Quarterly change

Annual change 

(000)

(Percent)

Employed

 2,272

 +1.2

  +2.4 

Unemployed

 150

 -2.6

 -13.1

Filled jobs

 1,747

 +0.2

 +1.9

 

 (Percent)

 (Percentage points)

Employment rate

 64.4

 +0.7

 +0.9

Unemployment rate

 6.2

 -0.2

 -1.0

Labour force participation rate

 68.6

 +0.5

 +0.2

 

 (Level)

 (Percent)

Average ordinary time hourly earnings

($)27.98

+1.6

+2.6

Wage inflation (salary and
ordinary time) (LCI)

1078

+0.4

+1.6


Our labour market indicators include the HLFS, QES, and LCI. The HLFS is a broad measure of labour market activity by individuals, while the QES measures demand by established firms for paid work and hourly earnings. The LCI is a measure of wage inflation. Results from all three surveys are based on representative samples from across New Zealand. Explaining labour market statistics has more information on these indicators.

For media enquiries contact: 
Diane Ramsay
Wellington 04 931 4600
Email: info@stats.govt.nz 

Authorised by:  Liz MacPherson
      Government Statistician

Published 6 November 2013

  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Top
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+