Prime Minister John Key is cautiously optimistic about the
latest Household Labour Force Survey figures which show the
largest fall in unemployment on record in the March quarter.
Seven redundant as Whitestone Contracting trims staff
Last week's unemployment numbers were not good news.
New Zealand's unemployment rate hit 7.3% in the quarter to
December, up from 6.5%, to touch its highest level for more
than 10 years - with young unemployed in the forefront of
Unemployment in Queenstown soared in the last six months of
2009 to levels not seen since 2003, but has been dropping
steadily in the past couple of weeks.
The Forsyth Barr Stadium loomed large in Dunedin's building
activity figures last year, with the project pushing up the
value of building consents for the year by $116 million.
All Anterea Matana and his wife Mina want for Christmas this
year are jobs.
The severe toll the
recent recession took on New Zealand's labour market was
confirmed yesterday when figures released showed that the
country's unemployment level reached 6.5% in September.
While the number of people on benefits is rising, there are
some positive signs that government efforts to blunt the pain
are working, says Social Development Minister Paula Bennett.
The Government's offer to subsidise youth wages has resulted
in 55 jobs being taken up and 79 more about to be filled,
Social Development Minister Paula Bennett said today.
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