Unemployment hits record high
Thu, 08 Nov 2012 11:15a.m.
By 3 News online staff
New Zealand’s unemployment has soared to its highest rate in 12 years, with a total of 170,000 people out of work.
The Household Labour Force survey released today shows between June and September, the unemployment rate rose from 6.8 percent to 7.3 percent. It is the third consecutive increase in unemployment data from the survey, which is conducted every three months.
Figures show there are 13,000 more unemployed people than three months ago, which is broken down to 10,000 men and 3,000 women.
The Green Party says the figures are shocking and is the “final nail in the coffin” for the Government’s economic credibility.
Co-leader Metiria Turei says under the National Government’s watch, unemployment has increased by a total of 78,000.
She says using a wider measurement of “joblessness”, there are actually 294,900 New Zealanders without a job.
“The National Government has failed New Zealanders; its economic record is in tatters,” said Ms Turei.
Finance Minister Bill English was grilled by MPs in Parliament yesterday over National’s “budget projection” to create 170,000 jobs by 2015/16.
Mr English there are tens of thousands of new jobs and more New Zealanders than ever currently have jobs. He did concede some job losses.
“Some sectors and some businesses are losing jobs, some sectors and some businesses are flat out trying to recruit people. In fact, they cannot get the skills that they need,” he said.
“We would expect that this will be the pattern for the foreseeable future.”
Council of Trade Unions Secretary Peter Conway says it’s a national crisis and the Government needs to step in.
“These are not just numbers. They are people and families. They deserve support and the Government needs to give urgent attention to the jobs plight now,” he says.
FIRST Union general secretary Robert Reid says it’s a national disgrace that unemployment figures are so high but said ‘underemployment’ was also an issue.
“Every supermarket or department store that our union visits will have workers actively seeking more hours because their incomes, from working less than 40 hours a week, are not enough to live on,” says Mr Reid.
“National has sat on its hands for too long. It needs to urgently take ownership of the jobs crisis. Sitting back and hoping for the best is not acceptable,” he says.
Survey results are based on a sample of 15,000 households throughout the country.
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9/11/2012 10:12:51 a.m.
Sky news reader last night at 6 said 1.7 million of us was out of work.Whats all the bleating about, unemployment always increase in a recession, thats why its called a recession. The banks limit risky business lending and concentrate on solid bricks n mortar housing. Then businesses chase up the cheap labour elsewear. Its called a economic cycle.
8/11/2012 5:07:56 p.m.
simeon cummings wrote:
This is nationals true interest is over controlling ignorance that they're party have shown us since day one. Causing serious concern within both finance and education. Not suprized this has happened at all.
8/11/2012 3:19:45 p.m.
And that doesn't count the number of unemployed that fled to Australia to find jobs. NZ is sunk, and I blame the National led government. We need lower prices on everything and higher incomes; that means sharing the wealth; not distributing it only to the rich.
8/11/2012 3:13:03 p.m.
When has the employment rate ever been good under National. There policies just do not work. Never have and never will. I wonder why so many voted for them when the rest of the world was failing financially?
8/11/2012 2:41:46 p.m.
There is still work out there on the orchards, farms and Christchurch where they are hiring people from overseas as people are not applying for work plus people need to travel to where the work is or not be so fussy and take what you can get.
8/11/2012 1:36:29 p.m.
Nice one Mr "Merrill Lynch", Mr "Brighter Future". Shrug this one off again why don't you. Embarrassing.
8/11/2012 1:14:39 p.m.
It doesn't help that government departments are cutting jobs left right and centre whilst maintaining employment and bonuses for incompetent managers. I don't want excuses, i want results, and as far the current government is concerned they have failed to do their duty.
8/11/2012 12:40:31 p.m.
A poor result for National's end of year report. But its unlikely to improve given that the student doesnt listen in class or learn from past mistakes. The boy English only need look at the town of Mataura in his own electorate to see a micrcosm of NZ in the near future.
8/11/2012 12:40:00 p.m.
Its actually much much higher than this...what about the unemployed who are not registered as such or recieving a benefit because they are living off savings.... Then what about those filling in time but going down a no exit street ...ie students.
Dont forget the 400,000 drug addicts by stealth the med profession is producing because big pharma are using doctors as pawns for drugs dispensed in a wrapper of lies fraud and deceit...and soon to be out of work as they go through horrific wdl to break free and taking years to do so!
This country is in a bad shape.
8/11/2012 12:16:52 p.m.
The Government won't help families in need. I am talking from experience I was terminated unjustifiably and WINZ will not help me because my Husband has a job and earns $20.00 over the required amount. OMG can you believe it, so we are trying to pay our mortgage feed a family of three, pay all of our bills and stay positive. It is not easy and we cannot cover all our bills let alone afford to pay for food every week.
Yes the Government do need to support those of us who desparately need it and get rid of the people who are using and abusing the system.
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