Latest Quarterly Labour Market Report released
Media release
28 February
2014
Latest Quarterly Labour Market Report released
The Ministry of Business, Innovation and Employment has today released the Quarterly Labour Market Report for the February quarter. This report combines the Ministry’s labour market monitoring programme with the latest developments in the labour market to paint a summary of labour market trends up to the latest quarter.
As well as the latest MBIE employment outlooks, the Quarterly Labour Market Report gives insights into employment trends by industry and region, summarises data on labour supply factors and participation, and presents information on indicators of labour supply and demand matching.
Some key points for this quarter are:
•
New Zealand’s economic outlook is
strengthening
• Employment
growth is reaching more regions
•
There is greater labour force
participation by single mothers, higher participation rates
for Pacific peoples and Māori, and the youth labour market
improved over the year
• Net
migration is high and increasing, as losses to Australia
decline
This issue of the Quarterly Labour Market Report contains a special feature on jobs and earnings in the Canterbury construction sector.
ENDS