Wednesday, May 04, 2016

39,000 unemployed under National

The Labour Market Statistics were released today, showing that unemployment had risen again to 5.7%. There are now 144,000 unemployed - 39,000 more than when National took office. Their dismal record on this issue can be seen in this one graph from Statistics New Zealand:

Aren't we supposed to be in "recovery" now? Wasn't the Christchurch rebuild supposed to demolish unemployment? Instead, even when the financial crisis is over, it just hangs around at just under six percent, forever. Because National prioritises low inflation and bankers keeping the value of their money over people having jobs. If we want to change that, we need to de-elect them and get a government who will prioritise jobs over banks, not banks over jobs.