Job Market Monitor
New Zealand
Chart – International comparaison of employment-population ratios by sex
In 2011, among countries covered by the BLS international comparisons program, Mexico had the highest employment-population ratio among men (72.4 percent), and Canada and New Zealand had the highest employment-population ratios among women (58.5 and 58.3 percent, respectively). via International employment-population ratios, 2011.
New Zealand – Unemployment rate rises to 6.8% as available jobs dry up
The unemployment rate expectedly rose in the second quarter as the pool of jobs shrank for the time since December 2010… The unemployment rate increased 0.1% percentage points to 6.8%, the highest since June 2010, according to Statistics New Zealand’s household labour force survey. Economists surveyed by Reuters were expecting the headline rate to come … Continue reading
New Zealand – KiwiRail – 181 layoffs over three years
KiwiRail will slash 181 jobs over the next three years as it cuts back its infrastructure and engineering arms. Staff will be told this week which jobs will go, and KiwiRail is seeking expressions of interest for voluntary redundancy, chief executive Jim Quinn said in a statement on Monday… via NZ KiwiRail to axe 181 staff … Continue reading
NZ brain drain in decline
When Australian growth figures were released a fortnight ago, many in New Zealand sighed and carried on: the cross-Tasman brain drain – now 1000 people a week – was clearly set to continue apace. But will it? New Zealand’s national character could fairly be categorised as Scottish Protestant. It is a culture that easily lends … Continue reading
New Zealand | Unemployment rate up at 6.7pc
New Zealand’s unemployment rate unexpectedly rose to 6.7pc in the first quarter after the labour force swelled to a three-year high as more people started looking for work in what’s been a tight jobs market. The kiwi dollar fell after the data was released. The unemployment rate rose 0.3 percentage points to 6.7 per cent … Continue reading
Minimum Wage | Options for a radical reform
Professor Alan Manning, Head of the Economics Department at the London School of Economics where he has taught since 1989, takes steps back from the current annual debate about the appropriate but small rise in the value of the minimum wage to ask a bolder question: are there more radical reforms of the minimum wage that … Continue reading
Canada | Fast track for skilled immigrants
The federal government plans to create a global job bank to bring in more skilled foreign workers, while using a new technique to end the “bizarre” situation in which low-skilled temporary foreign workers are hired in Canadian communities with double-digit unemployment, Immigration Minister Jason Kenney said Friday. The job bank idea, modelled after New Zealand’s … Continue reading
NZ | Government | 2500 jobs to save $20m
A squeeze on state service backroom functions has saved just $20 million in two years, Treasury boss Gabriel Makhlouf has revealed. The Government has shed more than 2500 jobs in the past three years and ordered chief executives to shave their IT and human resources bills as part of a drastic overhaul of the public … Continue reading
Kiwis abroad seen as asset to NZ | Otago Daily Times Online News : Otago, South Island, New Zealand & International News
Rather than stem the brain drain of Kiwis going offshore to further their careers, one of Dunedin’s greatest exports is recommending students embrace it. Prominent lawyer, educator and London council executive Dame Judith Mayhew Jonas is in Dunedin this week to attend her Otago Girls’ High School class reunion of 3S (1962) and give motivational … Continue reading
NZ | Foreign ministry to cut jobs in radical restructure | NATIONAL News
Most of the Ministry and Foreign Affairs 600 staff will have to reapply for their jobs under a radical restructuring proposal that could see up to 300 jobs go and lucrative allowances for staff on overseas postings whittled back to boost pay packets back home. Staff will be told on Thursday about proposals to cull … Continue reading
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