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Labour Market Statistics: March 2016 quarter
Embargoed until 10:45am  –  04 May 2016
Key facts

Labour market at a glance

  • New Zealand’s labour force grows 1.5 percent, the largest quarterly growth since December 2004.
  • Employment growth exceeds population growth over the quarter.
  • The unemployment rate increased to 5.7 percent, from a revised rate of 5.4 percent last quarter.
  • Wage inflation remains subdued.
Employment at a glance (seasonally adjusted)

Mar 2016
 quarter

Quarterly
change
Annual
change
(000)  Percent
Working-age population 3,685  +0.8 +2.5
Employed 2,399 +1.2 +2.0
Unemployed 144 +7.4 -0.3
Filled jobs 1,871 +1.2 +2.2
Percent Percentage points 
Employment rate 65.1 +0.2 -0.3
Unemployment rate 5.7 +0.3 -0.1
Labour force participation rate 69.0 +0.5 -0.4
Wages at a glance Level  Percent
Wage inflation (salary and wage rates, including overtime)

All sectors 

 1123 +0.4  +1.6

Private sector 

 1129 +0.4 +1.8

Public sector 

 1107 +0.4 +1.4
LCI analytical unadjusted  1219 +0.6 +2.9
Average ordinary time hourly earnings $29.47 +0.3 +2.4
Hours at a glance (figures seasonally adjusted)  Level Percent
Average weekly paid hours for FTEs (QES) Ordinary time  37.62 -0.6  -0.1

Total

38.32   -0.8  -0.4
Total weekly paid hours (QES) 57.4 (million)   +0.5  +2.3
Total actual weekly hours worked (HLFS) 80.1 (million)  +1.0 +2.5

 

Liz MacPherson, Government Statistician
ISSN 2422-8699
4 May 2016

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