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Ministry publishes inaugural Quarterly Chch Rebuild Report
Media release
20 December
2013
Ministry publishes inaugural Quarterly Canterbury Rebuild Report
The Ministry of Business, Innovation and Employment today released its first Quarterly Canterbury Rebuild Report, which outlines the latest labour market developments in the region and highlights the progress of the rebuild.
The report reveals that the Canterbury labour market is tight with low unemployment and a strong demand for labour. As a result, the cost of labour in Canterbury is increasing, especially in the construction industry.
The latest Labour Cost Index shows an increase in salary and wage rate growth in the Canterbury construction industry of 3.7 per cent, compared with 1.6 per cent for the rest of New Zealand.
The report also documents the increasing trend in immigration numbers as the rebuild gathers steam. Work visa arrivals to the Canterbury region numbered 627 in the September quarter, up by 140 in the June quarter.
The report is available at http://www.dol.govt.nz/publications/research/canterbury-rebuild/canterbury-rebuild-report-Sept-2013.pdf
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