web analytics

Nats lose 30,000 jobs in a year

Written By: - Date published: 12:59 pm, February 7th, 2013 - 24 comments
Categories: jobs - Tags:

When was the last time you heard John Key promise 170,000 new jobs? Just before the election in 2011, I reckon. Well, this last year 30,000 jobs were lost. Put that in context, it’s the 3rd largest annual job loss in history. The largest was 1988 as Douglas put the economy to the sword. The next was 2009 during the recession. And now, we’re losing 600 jobs a week during the ‘recovery’.

The Nats can’t blame the rest of the world for this. Employment in the OECD grew by over 3 million in the last year. This is John Key’s failure.

24 comments on “Nats lose 30,000 jobs in a year”

  1. mac1 1

    I watched a programme on the history channel last night on Wales where the situation was so bad in the mid thirties that the King visited and pronounced how alarmed he was at the situation. (Nothing much was done though.)

    The situation was so bad that a quarter of a million Welsh moved across the border and overseas in seven years.

    How many jobs have we lost? How many people have we lost overseas for jobs?

    And King Keynute does nothing.

    • Scott 1.1

      Plus what is the actual number of those who have opted out of the workforce (don’t forget they are still contributing to the economy)? From December 2012 quarter of HLFS of Stats NZ:-

      “… the labour force participation rate fell 1.2 percentage points to 67.2 percent. The number of people outside the labour force increased”

      Although I don’t know the details of the methodology, I suspect this is a conservative figure.

      Doing nothing is the default modus operandi I would suggest. It illustrates the utter lack of imagination and sensitivity (amongst other things of course) that characterises this government. It hardly seems to be even Managerialism to me. Rather more like mere Administration.

      Then again maybe I’m being hoodwinked: perhaps this government’s decisions, or lack of them, are all plays from a new edition of the RR (Ruth and Roger) game book: implement the deeply flawed yet trumpeted policies of recent governments (those since 1984), but this time with true stealth.

      I am tired of being Merrill Lynched by this accountant.

    • mac1 1.2

      I can answer my own, last question. The upshot is that a disastrous Welsh experience where 250,000 out of a population of 2,500,000 emigrated over seven years is being replicated in New Zealand at the moment. 10% of the population over seven years.

      Our emigration figures according to the NZ Herald in August 2012 were 83,700 leaving for overseas. To balance that 83,700 people came into the country to live of whom one quarter were NZers returning home. That is , 60,000 NZers have left for good in the year. Over seven years, that would be 420,000 or 10% of our population.

      The same as Wales in the later thirties-early forties. The Welsh population stayed relatively static for forty years. Is this to be our fate? Our best, brightest and most motivated leave for foreign parts leaving a lowly paid population to act as a servant and support class for the resident and visiting uber-rich?

      The latest answer? Oil, gas, foreign investment.

  2. geoff 2

    Unemployment is down from 7.3% to 6.9% though! Great news!
    Oops, hold the phone, it’s only because people gave up looking for work and ‘dropped out’ of the labour force… oh well.
    http://www.radionz.co.nz/news/national/127470/unemployment-rate-falls-as-more-give-up-job-hunt

  3. Tom Gould 3

    Don’t expect to see any of this in the MSM. The tory glee club will trumpet the “fall in unemployment” as further proof of the “recovey” and that we are “heading in the right direction” and that the “switch from cut backs to spending” is working. I can just see Corin and Paddy now.

  4. Pete 4

    Don’t forget, that quarter covered the Christmas shopping period, where a lot of stores took on extra staff, but only temporarily.

    • Lanthanide 4.1

      Pretty sure the headline 6.9% unemployment is seasonally adjusted, so should take into account the normal Christmas temp jobs.

      I never could really get my head around seasonal adjustments in stats. It makes sense why you would want to do it, I just never understood how the seasonal component was truly calculated.

      • James Henderson 4.1.1

        “I just never understood how the seasonal component was truly calculated.”

        – with lots of maths. They take all the previous data in the series and try to calculate the typical variation from the March quarter for the other quarters, then correct for that variation so that all the quarters show, more or less, as if they were March quarter.

        I think that they try to remove cyclical effects from their seasonal variation calculations. Maybe they don’t, and maybe that’s why there’s been trouble with seasonal adjustments in recent years throwing up weird jumps and falls in unemployment when the actual levels were changing much more consistently.

        Also, because they constantly revise the seasonal adjustment formula with each quarter’s new data, past quarters results often change quiet significantly.

  5. tracey 5

    … and it will drop again when those students who bothered getting jobs return to study.

    Am around the current generation of uni students. Those from comfortable backgrounds were more likely to “quit the job for the holidays” – yes you read correctly, or not bother and just take the study grant (even though they will have to pay it back), than those I know from less well off backgrounds.

    I am stunned by the number of parents who vote Nat or ACT and who rail against the bludgers on benefits who stand by while their children bludge off the benefits (study and other grants).

    I have in my household one such teenager who had work available but turned it down, when he did work it was only for 4 hours a day and only until he sorted out his student allowances. He is not our child so he technically has no parents supporting him. He is lazy and will continue to be lazy as he receives welfare money.

    SO, we have talked to him and to WINZ and he may be surprised when he doesn’t get the hardship grant he is expecting. He will get the student allowance (not payable back) BUT we are now charging him the exact amount of the allowance to cover all his living expenses.

    If this doesn’t work we will be asking him to leave and go flatting.

    Sadly one parent I know who is very vocal about consequences and working for money, and not bludging is actually encouraging one of his children to take the student loan, use it for a house deposit and collect rent to pay the mortgage etc…

  6. Jenny 6

    …….this last year 30,000 jobs were lost. Put that in context, it’s the 3rd largest annual job loss in history. The largest was 1988 as Douglas put the economy to the sword. The next was 2009 during the recession.

    JAMES HENDERSON

    For this alone the Labour Party should be flaying the Nats. In parliament, in the media, in every single public forum.

    Why aren’t they?

    • Draco T Bastard 6.1

      Well, considering their bene bashing, the fact that they didn’t raise benefits to their original levels and that they supportive of capitalism – I’d say that their just as enthusiastic as John Key to lower wages.

    • Jenny 6.2

      I suppose the reason could be, James’ second sentence, “The largest was 1988 as Douglas put the economy to the sword.

      Maybe this is a signal that the Labour Party should openly break with the past and oust those who owe their positions in the Labour caucus to time served in the neo-liberal regime of Douglas and co.

  7. ad 7

    Even if National manages to stabilise unemployment with emigration and Christchurch, the total lack of hope in New Zealand shown by people simply dropping out and not even seeking work anymore is pretty damning.

    Christchruch itself – dark though its causes are – is just one enormous sugar-rush of the kind we saw in Auckland leading up to 2007. Construction has little innovation, is highly unstable as an economic cycle, generally goes from one job to the next, is almost totally de-nuionised and contracted out, pays crap per hour for the grunt put into it, and is notoriously internationally mobile and hence able to be undercut. In short one of the least economically useful industries we have.

    So even if Auckland’s housing construction market were to seriously get going, it is of little help to New Zealand beyond its next binge-purge cycle. Our economic addiction is now made worse by being effetively commecially governed by a dupoply.

    This government touts itself as a great dealmaker, with deals that can really shift an economy upwards;
    – National Convention Centre
    – The Hobbit
    – Rugby World Cup
    – National Cycleway
    – Roads of National Significance
    Of those that have achieved anything, none have been sustainable (with the arguable exception of The Hobbit) have brought sustainable careers earning good salaries back to New Zealand. The Hobbit has certainly sustained innovation within Wellington, but is deeply de-unionised and highly boom-bust vulnerable like construction.

    Labour responds by proposing the (laudable) goal of manufacturing housing like crazy. Totally agree with the policy goal objective. But it’s no way to strengthen an economy – it’s part fo the same stupid sugar-rush.

    We are not going to get out of this weak cycle of rescuing ourselves with construction-based sugar-fixes until the private sector and government (current or next) work together on building companies that hire with real saries, manufacturing high innovation and high value products.

    I do not believe that the entire world is about to go backwards because of Peak Oil or anything else. I believe the basic task of government is to work to make us safer and wealthier, and shoring up the construction industry simply infantilises our economy.

    The Callaghan Institute was a good initiative in this space. But one instance, 6 years into gvoernment. Weak. Needed one every six months.

    • bad12 7.1

      House-holds are at the heart of economy, more house-holds equates to more spending in the economy,

      The more affordable the price of the roof over anyone’s head is be that rent or mortgage the more income is free to be spent into the economy…

  8. bad12 8

    Cheers Irish, welcome to the standard…

    [original parent comment / spam deleted – r0b]

  9. “Nats lose 30,000 jobs in a year”

    Have they looked under Paula’s lolly and cream cake stockpile?

  10. swan 10

    “Nats lose 30,000 jobs in a year”

    Fortunately National hasnt nationalised the economy, and as such are not responsible for every job in said economy. Having said that the HLFS data has started to become increasingly unreliable and as such should be ignored unfortunately.

  11. Afewknowthetruth 11

    How much longer are we going to hear drivel about ‘recession’.

    What we are experiencing is no recession: it is the reversal of the Industrial Revolution, otherwise known as Death by a Thousand Cuts. Expect a lot more economic contraction over the next few years as the energy supply shrinks globally.

  12. BCat 12

    . I remember Winston Peters on the talk back on the radio. In the 1990s warning people about privatisation and asset sales. remember there has never been a Maori prime minister in NZ.
    Now we are in 2013. and look what is happening. Maybe we need a change of Government. We just celebrated the signing of The Treaty of Waitangi, and as long as the royal family keep visiting our country. We are safe under sovereignty, it stops our country becoming a communist country run by dictators. and the Treaty Remains. despite all the negative being thrown around.
    As for the NZ’ders exiting from NZ’ersAustralia. The aussies will get sick of NZ’ders taking their Jobs soon, and by the time they return to NZ there won’t be any Jobs to come back to.Learn from the movie The Gangss of New York. The twin towers went down in that same area. that blood was spoilt when the immigrants and Americans were fighting over Jobs being taken over. Why do theses people come over to our Country to escape persecution in their own and start a better life but only to come to our country to survive and keep their families. They got very little money in their own country, so they are not fuzzy about how much they earn, why because they get more money here, even though it is less for kiwis complaining we need to be thankful for what we have and get paid. It is all worth it in the end.

Links to post

Recent Comments

Recent Posts

  • Government scuppers affordability requirements
    The Government must explain why the panel considering Auckland’s unitary plan removed affordability requirements at the behest of the Ministry of Business, Innovation and Employment and Housing NZ, Leader of the Opposition Andrew Little says. “Labour welcomes the Independent Hearing ...
    3 hours ago
  • National pushes on with failed state house sell-off
    Merchant bankers, overseas companies and property developers will be lining up to buy 364 state houses in Horowhenua during two days of “market sounding” meetings starting tomorrow, Leader of the Opposition Andrew Little says. “Despite a housing crisis and families ...
    7 hours ago
  • QUESTIONS FOR (ORAL) ANSWER- WEDNESDAY 27TH OF JULY
    While Parliament might be in recess, there are still plenty of things that Ministers need to answer for. So the Labour team has put together six of the best questions that the Government should be answering today (plus a special ...
    8 hours ago
  • Andrew Little’s International Affairs Speech
    Tena Koutou Katoa Can I begin by acknowledging: Sir Doug Kidd, President, NZ Institute of International Affairs Maty Nikkhou-O’Brien, Executive Director, who did all the organising for today’s event. Labour’s foreign affairs spokesperson David Shearer. Victoria University of Wellington law ...
    8 hours ago
  • Inquiry into surgical mesh needed now
    The Government must urgently launch a Ministerial inquiry into surgical mesh after more than 500 patients have lodged claims of complications with the ACC, say Labour’s Health spokesperson Annette King.  “This is the most widespread crisis involving surgical devices in ...
    9 hours ago
  • Crime on the increase yet again
    Police Minister Judith Collins’ contention that crime is falling has proven to be wrong yet again, with latest Police statistics showing an increase in most crimes, Labour’s Police spokesperson Stuart Nash says. “Figures for June 2016 show an increase in ...
    1 day ago
  • Major reform of careers and apprenticeships to meet Future of Work
    The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. “Today I am announcing the next Labour Government will commit to a major ...
    1 day ago
  • DOC struggles on the pest front undermine Nats’ predator-free promise
    The Government’s planned predator-free initiative comes at the same time as the Department of Conservation is facing major challenges to keep pest numbers down, says Labour’s Conservation spokesperson Nanaia Mahuta.  “DOC’s annual report shows it failed on 5 out of ...
    1 day ago
  • QUESTIONS FOR (ORAL) ANSWER- TUESDAY 26TH OF JULY
    While Parliament might be in recess, there are still plenty of things that Ministers need to answer for. So the Labour team has put together six of the best questions that the Government should be answering today (plus a special ...
    1 day ago
  • Unfunded CYF a ticking time bomb
    The Ministry of Social Development is sitting on a ticking time bomb with Child, Youth and Family out of pocket by $56 million despite increased demand for its services, Labour’s Children’s spokesperson Jacinda Ardern says. “The new entity that’s replacing ...
    1 day ago
  • Lack of any real funding in predator free proposal
    Predator Free New Zealand is a laudable idea but the Government has not committed any real money into killing New Zealand’s pests, says Labour’s Conservation spokesperson Nanaia Mahuta.  “The $28 million earmarked for this project is just to set up ...
    2 days ago
  • Andrew Little Speech to LGNZ Conference
    Thank you for having me here today. Local Government New Zealand’s work of advocating for New Zealand’s 78 local councils is critical as we upgrade New Zealand’s economy, and make sure it’s delivering for all our people. Whether in Auckland, ...
    2 days ago
  • John Key must sack out-of-depth Trade Minister
    The Prime Minister must sack Todd McClay for failing to do his job as Trade Minister and be on top of a significant potential threat to some of our biggest exporters, Opposition Leader Andrew Little says. “Todd McClay is clearly ...
    2 days ago
  • 45,000 Kiwis sent back to their GPs
    Last year nearly 45,000 Kiwis were sent back to their GPs without getting to see specialists they were referred to, says Labour’s Health spokesperson Annette King. “This is a shocking figure and underlines how far the cut of $1.7 billion ...
    2 days ago
  • Half a million smells like pure cronyism
    The National/ACT Government’s decision to pump hundreds of thousands of taxpayer dollars into a new lobby group to advocate for charter schools shows just how much of a failure their ideological experiment has become, Labour’s Education spokesperson Chris Hipkins says. ...
    2 days ago
  • Select committee changes Kermadec/Rangitāhua Ocean Sanctuary Bill
    Photo by Tom Hitchon Parliament’s Local Government and Environment Committee has made many changes to the Kermadec/Rangitāhua Ocean Sanctuary Bill in response to public submissions, particularly submissions from iwi authorities and Te Ohu Kaimoana.   Read the amended Bill and the ...
    GreensBy Eugenie Sage
    4 days ago
  • Housing map a hit as crisis spreads across NZ
    More than 55,000 New Zealanders have used Labour’s interactive housing map in its first week to see how the housing crisis is affecting their local community, Labour Housing spokesperson Phil Twyford says. “Our innovative map shows the housing crisis is ...
    5 days ago
  • Bridges must come clean about fraud within transport
    Hundreds of thousands of dollars of public money have gone missing and  the Minister of Transport, Simon Bridges must come clean after the Labour party revealed that a senior manager is being investigated for serious fraud, says Labour’s Transport Spokesperson ...
    6 days ago
  • Labour supports Spencer victory
    Labour congratulates Margaret Spencer for her tireless efforts in challenging the Government over family carer rights, says Labour’s Deputy Leader Annette King. ...
    6 days ago
  • US Warship visit welcomed by Labour
    Labour sees the United States warship visit as a red letter day for New Zealand’s non-nuclear status, which is core to our identity and has defined us a nation for 30 years, says Labour’s Deputy Leader Annette King. ...
    6 days ago
  • Time for honest dairy sector conversation
    ...
    6 days ago
  • What next? Dog kennels?
    Social Housing Minister Paula Bennett needs to explain why the Government thinks it is acceptable for it to refer families to live in garages and sheds, says Labour’s Housing spokesperson Phil Twyford. “This is a new low, just when you ...
    6 days ago
  • Banks bust a move, Government possum in the headlights
    Three of the big four banks have acted responsibly by bringing the shutters down on property speculators earlier than required by the Reserve Bank, says Labour’s housing spokesperson Phil Twyford. “It’s a shame the Government isn’t as motivated to act ...
    6 days ago
  • Latest OECD dairy forecast raises serious questions for economy
    The latest global dairy price forecast shows that New Zealand dairy farmers will not reach a break-even payout before 2019 at the earliest, and will not reach the dairy price factored into this year’s Budget until after 2025, Labour’s Finance spokesperson ...
    6 days ago
  • National’s reckless, out of touch approach to economy exposed
    Today’s economic assessment from the Reserve Bank highlights the danger to the New Zealand economy from a National government that is recklessly complacent in the face of a housing crisis and a struggling export sector, Labour’s Finance spokesperson Grant Robertson says. ...
    6 days ago
  • GP’s visits get more expensive
      Visiting the GP is set to become more expensive after the Government ignored warnings that people were not receiving access to affordable  healthcare, says Labour’s Health spokesperson Annette King.  “Over 400,000 New Zealanders who should be able to access ...
    1 week ago
  • Farm prices bear brunt of dairy downturn
    The slump in dairy prices that has seen farm prices drop to their lowest level since 2012 and down a third from their peak in 2014 will be of concern to farmers, banks and our overall financial stability, Labour’s Finance ...
    1 week ago
  • Reserve Bank “gets on with it”, National carries on in denial
    The proposal by the Reserve Bank to tighten loan to value ratios for investors shows they are prepared to do their bit to crack down on speculators, while National is still stuck in denial mode, Labour’s Finance spokesperson Grant Robertson says. ...
    1 week ago
  • Housing crisis holds up interest rate cuts
    The housing crisis that National still wants to deny is stifling the New Zealand economy, says Labour’s Finance Spokesperson Grant Robertson. “The latest Consumers Price Index shows that all prices excluding housing and household utilities decreased 0.5 per cent – ...
    1 week ago
  • Housing crisis holds up interest rate cuts
    The housing crisis that National still wants to deny is stifling the New Zealand economy, says Labour’s Finance Spokesperson Grant Robertson. “The latest Consumers Price Index shows that all prices excluding housing and household utilities decreased 0.5 per cent – ...
    1 week ago
  • Govt’s state house sell-off ramping up
    Government plans to ramp up the state house sell-off by selling another 1000 houses in 2016/17 will mean more families in need missing out, says Leader of the Opposition Andrew Little. “New figures show the Government plans to sell 1000 ...
    1 week ago
  • Govt’s state house sell-off ramping up
    Government plans to ramp up the state house sell-off by selling another 1000 houses in 2016/17 will mean more families in need missing out, says Leader of the Opposition Andrew Little. “New figures show the Government plans to sell 1000 ...
    1 week ago
  • National must reassure exporters on dumping case
        The National Government needs to show our key exporters that they are in control of any anti-dumping case against China before it damages some of our most important industries, Labour’s Finance spokesperson Grant Robertson says.     ...
    1 week ago
  • National must reassure exporters on dumping case
        The National Government needs to show our key exporters that they are in control of any anti-dumping case against China before it damages some of our most important industries, Labour’s Finance spokesperson Grant Robertson says.     ...
    1 week ago
  • Papers describe litany of incredulity
    Treasury documents which slate the Government’s plans for a national bowel screening programme confirm the proposal was nothing more than a political stunt to cover up underfunding of the health sector, Labour’s Health spokesperson Annette Kings says.  The papers were ...
    2 weeks ago
  • Effect of rampant house prices widens
    The latest house price figures from REINZ show the housing crisis expanding throughout the country, says Labour’s Housing spokesperson Phil Twyford. “We are seeing steep increases in median house prices in Central Otago Lakes – up 42.4% in the last ...
    2 weeks ago
  • Public invited to have say on homelessness
    People who are homeless, those who were once homeless, those working with the homeless and concerned New Zealanders are being asked to share their experiences and solutions to this growing issue with the Cross-Party Homelessness Inquiry. This inquiry was launched ...
    2 weeks ago
  • Sorry seems to be the hardest word
    An apology from Hekia Parata to the people of Christchurch is long overdue, Labour's Education spokesperson Chris Hipkins says. "As if the earthquakes weren't traumatic enough, Hekia Parata and the Ministry of Education then attacked the one thing that had ...
    2 weeks ago
  • Housing crisis affecting more than 98 per cent of NZ
    Labour’s new housing map shows the housing crisis is now affecting more than 98 per cent of New Zealand, Leader of the Opposition Andrew Little says. “Housing pressures have seen house prices rise faster than wages in all but four ...
    2 weeks ago
  • Uber might not be a taxi firm but it must pay tax
    Uber needs to explain how it paid only $9000 in tax when it earned $1m in revenue and is one of the fastest growing companies in the country, says Labour’s Finance spokesperson Grant Robertson. “Uber New Zealand appears to be ...
    2 weeks ago
  • Tax changes should have been made 3 years ago
    National could have avoided the international stain on our reputation from the Panama Papers if it had let IRD’s planned review of foreign trusts go ahead three years ago, instead of now belatedly acting because of the Shewan recommendations, says ...
    2 weeks ago
  • Government must stop state house sell-off
    The Government must immediately pull the plug on its planned sell-off of state houses in order to stop the housing crisis getting any worse, Labour’s Housing spokesperson Phil Twyford says. “While Paula Bennett is putting people into transit camps in ...
    2 weeks ago
  • Thoughts on Labour’s new housing policies
    The Labour Party launched its package of ideas to fix the housing crisis over the weekend. Their ideas match ours in many ways. This is good news, because it means that when we change the government we’ll be ready to ...
    GreensBy James Shaw
    2 weeks ago
  • Thoughts on Labour’s new housing policies
    The Labour Party launched its package of ideas to fix the housing crisis over the weekend. Their ideas match ours in many ways. This is good news, because it means that when we change the government we’ll be ready to ...
    GreensBy James Shaw
    2 weeks ago
  • Thoughts on Labour’s new housing policies
    The Labour Party launched its package of ideas to fix the housing crisis over the weekend. Their ideas match ours in many ways. This is good news, because it means that when we change the government we’ll be ready to ...
    GreensBy James Shaw
    2 weeks ago
  • Housing crisis drives household debt to record levels
    The Finance Minister must be woken from his slumber by Westpac’s report today that says house prices have largely driven household debt to record levels and are rising at a pace faster than other developed economies, says Labour’s Finance spokesperson ...
    2 weeks ago
  • English denies dividend decision made – Joyce should delete his account
    National must explain who is right in the Housing NZ dividend debacle, after Bill English said no decision had been made on a payment for the next two years, in direct contrast to Steven Joyce, says Labour’s Finance spokesperson Grant ...
    2 weeks ago
  • Pressure forces Govt to make policy on the hoof
    Steven Joyce’s surprise announcement that Housing NZ will no longer be used as a cash cow has forced the Finance Minister to make one of National’s biggest ever U-turns, Labour’s Finance spokesperson Grant Robertson says. “After years of insisting the ...
    2 weeks ago
  • 10-fold more affordable houses under Labour
    New data showing homeownership rates continue to fall and more Kiwis than ever rent, highlights why Labour’s plan to build 10 times more affordable housing in Auckland is so desperately needed, Labour’s Housing spokesperson Phil Twyford says. “Labour’s Affordable Housing ...
    2 weeks ago
  • Out of excuses, Brownlee resorts to scare tactics
    Gerry Brownlee’s ridiculous suggestion that Labour would nationalise Christchurch’s east frame shows National has resorted to scare tactics to hide its failure to build desperately needed affordable houses in our city, Labour's Canterbury spokesperson Megan Woods says. “Plans put in ...
    2 weeks ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere