Jobs decline for second consecutive quarter
Hot off the press – the latest labour market statistics released by Statistics New Zealand show that in the year ended June 2009 the number of seasonally adjusted jobs decreased 2.9 percent.
This is the largest decrease since the NZ Statistics LEED series began in June 1999.
From June 2008 to June 2009:
Fewer jobs were created (down 9.4 percent from June 2008)
More jobs were destroyed (up 7.2 percent from June 2008)
So who are the biggest losers in the job market?
Under 50 year olds – the number of filled jobs held by workers in age groups up to 50 years declined
Admin, professional, manufacturing – the decrease was driven by decreases in the manufacturing (down 19,072 jobs, 8.5 percent), administrative and support services (down 12,527 jobs, 13.6 percent), and professional, scientific, and technical services industries.
Auckland and Canterbury – the Auckland and Canterbury regions had the largest annual decreases in actual filled jobs
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Source: The Linked Employer-Employee Data June 2009 quarter release Click here to download the full report
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