employment

Unemployment rate falls below 5% in New Zealand

by Ray Clancy on May 5, 2017

Official figures show that New Zealand is one of the most popular countries in the world for expats with more people arriving than ever before to live and work.

Experts have pointed out that this is because the economy is strong, there are plenty of opportunities for employment and the country is regarded as a safe place to live, well away from the kind of terrorism that is affecting some countries in Europe.

Now the latest employment figures are set to confirm this view with the Government data showing that the unemployment rate fell to 4.9% in the first quarter of 2017, down from 5.2% in the previous quarter.

The figures from Statistics New Zealand also show that 6,000 fewer people were unemployed. The unemployment rate for men fell from 4.8% to 4.2%, making it the lowest rate since the December 2008 quarter. However, the unemployment rate for women was unchanged.

The accommodation and food sectors, along with construction are providing the most new jobs, the data also shows.

The Nelson Tasman region has the lowest unemployment rate nationwide at just 2.8% and businesses are finding it increasingly difficult to hire the right staff. Nelson Chamber of Commerce said that the construction industry is facing staff shortages.

Employment is continuing to grow. The number of employed people increased 1.2% or by 29,000 people. Men provided the main contribution to this increase, with more males in both full time and part time employment.

For the sixth quarter in a row, employment growth exceeded growth in the working age population, which was 0.7%. This meant New Zealand’s employment rate was up by 0.3% to 67.1%.

Westpac economist Satish Ranchod said the lower unemployment figures and strong jobs growth has surprised analysts. ‘Job growth we’ve been seeing are in sectors like hospitality, which has been benefiting from those strong tourist numbers, but are also in areas like construction and professional services,’ he pointed out.

The official data also shows that filled jobs increased by 2.4% over the year to the end of March 2017 with the accommodation and food services, and construction industries contributing almost half this increase at 32,300 more jobs.

‘We’re also starting to see construction employment build in regions other than Auckland and Canterbury. There was a significant increase in employment in the Waikato region, which included 3,600 more people working in construction,’ said labour market and household statistics senior manager Mark Gordon.

{ 0 comments }

Thumbnail image for France’s top jobs agency reveals sectors desperate for workers

France’s top jobs agency reveals sectors desperate for workers

April 25, 2017 France

Expats in France who don’t move there for a specific job can often find it hard to get work, but research suggests there are a number of sectors desperate for employees. Top of the list is winegrowers and tree surgeons, followed by maintenance technicians, waiters, restaurant workers and community workers. The French employment agency Pole […]

Read the full article →
Thumbnail image for Career expats stay less time abroad than others but earn more

Career expats stay less time abroad than others but earn more

September 3, 2016 Jobs

Expats who move abroad for their career and to boost their earnings generally stay overseas for less time than other types of expats, according to new research. Most of this kind of expat work is in manufacturing, the consumer goods industry or public sector. The majority say they are happy and have benefitted financially from […]

Read the full article →
Thumbnail image for Latest employment figures in New Zealand are encouraging

Latest employment figures in New Zealand are encouraging

July 25, 2016 New Zealand

It is a good time to be applying for a job in New Zealand with the latest data showing that 7% more jobs are being advertised compared to a year ago. Job growth is not just being recorded in the country’s two largest employment markets in Auckland and Wellington but across the nation, according to […]

Read the full article →
Thumbnail image for More Europeans want to work in the UK than British do in the EU

More Europeans want to work in the UK than British do in the EU

April 6, 2016 European Union

The percentage of Europeans seeking work in the UK significantly outstrips the percentage of Britons looking for jobs in mainland Europe, according to new research. The study of tens of millions of searches by European Union job seekers by global employment site Indeed found that among those looking for work in a foreign country the […]

Read the full article →
Thumbnail image for US announces pilot to streamline certain worker visas schemes and cut costs

US announces pilot to streamline certain worker visas schemes and cut costs

March 8, 2016 America

The Department of Homeland Security (DHS) in the United States has announced a pilot scheme for businesses seeking to hire certain workers from overseas through employment based visas. The Known Employer pilot will effectively modify the process US Citizenship and Immigration Services (USCIS) uses to reviews an employerís eligibility to sponsor individuals under certain employment […]

Read the full article →
Thumbnail image for South Oxfordshire tops poll for having the best rural area quality of life in UK

South Oxfordshire tops poll for having the best rural area quality of life in UK

March 3, 2016 United Kingdom

Expats moving to the UK are not always attracted by the bright lights of London and now research suggests that the best quality of life can actually be found in South Oxfordshire. Improvements in the levels of wellbeing in the area means that it has topped the 2016 rural area quality of life survey from […]

Read the full article →
Thumbnail image for Global companies likely to offer more short term expat assignments in 2016

Global companies likely to offer more short term expat assignments in 2016

December 24, 2015 America

Getting a job with a multinational company could offer more choice for would be expats in 2016 with research showing that more short term opportunities are likely to arise. A majority of multinational companies, some 56%, expect to increase their use of short term assignments in the coming months, according to the latest research by […]

Read the full article →
Thumbnail image for UK expats are among the highest migrant earners in Australia

UK expats are among the highest migrant earners in Australia

December 3, 2015 Australia

Earnings of expats in Australia depend on which visa stream they have used, the country of their birth, their gender and the number of jobs they do, new data shows. The country has a diverse range of migrants but in 2010/2011, the most recent figures available, skilled workers were most likely to be born in […]

Read the full article →
Thumbnail image for Number of EU citizens moving to work in UK up by almost 20%

Number of EU citizens moving to work in UK up by almost 20%

December 1, 2015 European Union

People from European Union countries moving to the UK are increasingly finding jobs, indicating the myth that they are moving to the country for the social benefits is off the mark. The latest official figures from the Office of National Statistics (ONS) shows that while the number of EU citizens working in the UK has […]

Read the full article →
Thumbnail image for New Law in New Zealand to Crackdown on Employers who Exploit Immigrants

New Law in New Zealand to Crackdown on Employers who Exploit Immigrants

May 1, 2015 General

Employers who exploit migrant workers in New Zealand face tough new penalties under the country’s new Immigration Amendment Bill. Immigration Minister Michael Woodhouse said that reports of migrant exploitation makes the new legislation vital. ‘It will make a big difference in protecting some of our most vulnerable workers,’ he added. The new law means that […]

Read the full article →
Thumbnail image for Nordic Countries Prove to be Best Place for Women in Work

Nordic Countries Prove to be Best Place for Women in Work

April 30, 2015 General

If you are a working woman then you are likely to get a better deal in Scandinavian countries with Norway, Denmark and Sweden the top three in an annual Women in Work Index. New Zealand is in fourth place, then Finland, Canada, Germany, Switzerland, Belgium and Austria making up the top 10 in the PwC […]

Read the full article →
Thumbnail image for Research Reveals Lack of Benefit Updates for Employed Expats

Research Reveals Lack of Benefit Updates for Employed Expats

April 29, 2015 Europe

Expats should ensure that their employers are reviewing their international benefits often enough, with new research suggesting that these are not being carried out regularly enough. According to Jelf International, a company that advises on employee benefits, some 42% have either never reviewed their benefits or have done so over a year ago. The company […]

Read the full article →