Friday, August 8, 2008

Employment: participation up

Economic journo, Bernard Hickey, of Interest.co.nz reports worker participation rates are up, which has pushed the unemployment rate up. More people are joining the work force or looking for work. The number of people employed rose 1% in the June quarter over the March quarter. Hickey says that is a big rise for one quarter.

I suspect the rising cost of living is pushing some who would prefer to be at home with the kids back into the work force in an effort to make ends meet. It may also be the case that in some sectors, people leaving for Australia has resulted in others being pulled back into full or part time work. I'd be one of these, having taken 18 months off to pursue personal interests before resuming paid work in July. I'm taking the place of a co-worker who left for Melbourne last Friday.

'Bright lights, big city' called and if you're tired of Auckland, there's really nowhere else to go but overseas. No government here can legislate against our remoteness.

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