Wednesday, November 04, 2009

Unemployment rises but not for all

The official unemployment rate is released tomorrow. If the Quarterly Employment Survey, released yesterday, is anything to go by then the figure will go up.

But females are faring better than males. I pay attention to this because if more female jobs, particularly part-time jobs, are being created or becoming available, the prospects for getting people off the DPB is better. It also supports the claim that climbing DPB numbers are more a reflection of young women having children than the recession.

Based on quarterly change the only group to drop since June is full-time male employees. Unfortunately it was a big drop compared to previous quarters. Between the same quarters last year the drop was 1.3 percent - in 2009, 2.3 percent.

2 comments:

Anonymous said...

The one sector that has not lost any jobs is the Public Sector. Regarding those theoretically gone from IRD, I knew three of them: all over seventy, were leaving anyway, but were able to do so with a big redundancy payment. Only in the Public Service.

I'm so sick and tired of living in New Zealand, being forced to pay for this bloated largesse of the Big State.

Anonymous said...

The one sector that has not lost any jobs is the Public Sector

Yep. The only way to make any changes is to chose a large significant part of the public section and just turn it off