NZ: Jobs up, wages growth down

Wednesday 3 August 2016

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

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.

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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.