Wednesday, August 01, 2018

2,000 employed under Labour

The labour market Statistics have been released, showing a slight rise in unemployment, to 4.5%. The number of unemployed is still down 2,000 from when the government took office, but its basicly treading water. Again, they haven't implemented any real policies to push it down yet - their tweaks to the Reserve Bank Act have only just been introduced to the House, and their KiwiBuild and billion trees programs (which should promote employment) are only just getting started. Hopefully when those policies are implemented, unemployment will drop again to the levels it was at during the Clark era.