Another 16,000 jobs this quarter

The latest employment data from Stats NZ shows:

  • 16,000 more jobs this quarter
  • 74,000 more jobs in the last year of which 60,000 are full-time
  • Labour force participation rate at new high of 69.6%
  • Unemployment rate steady at 5.8%
  • An extra 15,900 manufacturing jobs over a year ago (don’t forget the crisis!)
  • The number of hours worked have increased 9.7% over three years ago
  • Salary rates up 1.7% in last year (while inflation is just 0.1%)

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