Thursday, August 09, 2012

Maori and Pacific unemployment drop

Statistics NZ has just released the June HLFS. Overall unemployment is up slightly (6.7 to 6.8 percent) but Maori (13.9 to 12.8 percent)  Pacific (16.0 to 14.9) and Asian (9.4 to 8.2) unemployment are all down from March, though all figures are still slightly higher than June last year.

A new table (15) has been added. It shows the NEET percentage (aged 15-24 Not in Employment or Education). That stands at 13.1 percent.

Internationally NZ is ranking 14th in the OECD. We have steadily fallen in the rankings since around 2006. The OECD average is 7.9 percent.

Anyway, generally not much to write about that gives cause for optimism.

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