New Zealand: Employment rises as labour market continues to improve

Good news for those seeking employment. In New Zealand employment growth continues across the labour market, while wages remain subdued. The employment rate rose to 64.4 percent and the unemployment rate fell to 6.2 percent.

Over 2013, the number of people employed rose 2.4 percent in the Household Labour Force Survey (HLFS). Demand for workers from established businesses rose 1.9 percent in the Quarterly Employment Survey (QES).

"We saw continued improvement in labour market conditions over the quarter as employment rose and unemployment fell," industry and labour statistics manager Diane Ramsay said, "However, annual wage inflation remains restrained." Annual wage inflation, as measured by the labour cost index (LCI) salary and ordinary time wage rates, eased to 1.6 percent in the September 2013 quarter, down from 1.9 percent this time last year.

Average ordinary time hourly earnings, as measured by the QES, edged up 2.6 percent over the year, up from 2.1 percent in the previous quarter. This increase was influenced by fewer part-time jobs.

Psych-Recruitment has started 2014 with strong job orders, particularly for psychologists with interests in offender rehabilitation, special education, forensic mental health, child and adolescent mental health and intellectual disability services.  Contact us now if you are interested in employment opportunities in the next six months.

Source: Statistics New Zealand

Image licensed by New Zealand Way

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