National’s legacy – Maori unemployment at nine year low

Stats NZ reports:

The unemployment rate for Māori fell to 9.0 percent, compared with 11.9 percent a year ago. This is the lowest Māori unemployment rate since the December 2008 quarter. …

That is not the only good news in there.

  • 93,000 net new jobs created in 2017
  • 71,000 new FT jobs and 22,000 PT
  • 17,000 fewer unemployed
  • Labour force participation rate up from 70.6% to 71.0%
  • Unenmployment rate down from 5.3% to 4.5%
  • Maori unemployment rate down from 11.9% to 9.0%
  • Northland unemployment rate down from 7.3% to 5.6%
  • Manufacturing jobs up 11,000
  • Overall employment rate of 77.9% third highest in OECD and unemployment rate is 12th lowest

Again it will be very interesting to see what happens in 2018 with employment and unemployment. Takes more than cooking a breakfast.

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