NZ: Jobs up, wages growth down

Advertisement

By Leith van Onselen

Statistics New Zealand yesterday released partial data on jobs and earnings, which revealed a mixed picture (see below table).

ScreenHunter_14349 Aug. 04 07.08

Annual jobs growth rose to 3.1% annually in June 2016 up from 2.2% in the year to March, with full-time equivalent jobs up by 3.3% over the year.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.