Daily review 02/08/2022

42 comments on “Daily review 02/08/2022 ”

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1. Ad 1

   2 August 2022 at 6:02 pm

   At a predicted 3.1% headline unemployed (out tomorrow morning), travellers now pouring in and lots of staff flying out, we need people off long term benefits and out of jails to get to work. There's so much to do.
   • Poission 1.1

     2 August 2022 at 6:08 pm

     Disincentive to move to high inflation,high energy cost,high rent market as the RBA says they will do what is necessary to curb inflation (forecasts 7.75 inflation) with an increase of .5 today.

     https://www.rba.gov.au/media-releases/2022/mr-22-21.html
     • Ad 1.1.1

       2 August 2022 at 6:20 pm

       We have 1200 vacancies in NZ alone.

       Benefit abatement rates and higher minimum wage, living wage and WFF increases are keeping the margibal advantage of work strong.

       The .5% RBA increase isn't targeting that marginal choice.
       • Poission 1.1.1.1

         2 August 2022 at 6:37 pm

         There will be a slowdown in residential construction here as developments of dubious quality are put into storage.The RB quite correctly stated that the over utilized construction sector was at about 130% of capacity,a contraction is required for a sustainable sector (to smooth the boom bust cycle) and for companies to look for productive gains,and not cost plus profits.
       • weka 1.1.1.2

         2 August 2022 at 6:43 pm

         here's hoping that people aren't pouring in from overseas and we don't revert to the cheap labour in hospo and tourism that locks locals out of jobs.
         • Jester 1.1.1.2.1

           2 August 2022 at 10:25 pm

           All the locals that want to work are already working.
           • weka 1.1.1.2.1.1

             2 August 2022 at 10:40 pm

             If a restaurant can't offer consistent shifts at a decent wage, then people with families and commitments can't afford to do that work. Travellers on working holidays who are happy to take whatever shifts for low wages will undercut local workers every time. They also drive wages down.

             We know this caused problems in hort. We see it less with tourism and hospo because they were struggling to get customers.
             • Jester …

               3 August 2022 at 7:49 am

               The job seeker benefit is too attractive. 100,000 people that could work. Around 60,000 people on it for longer than a year! There are plenty of other full time jobs offering 40 plus hours a week but they prefer job seeker benefit. Almost every shop has a sign "staff wanted".

               Jobseeker benefit numbers down on previous year | RNZ News
               • weka …

                 3 August 2022 at 10:04 am

                 There are plenty of other full time jobs offering 40 plus hours a week but they prefer job seeker benefit.

                 I don't believe you. Minimum wage is around $670/wk after tax. Dole is $315. The number of people that can live on the dole is relatively small.
                 • Jester …

                   3 August 2022 at 5:49 pm

                   Walk through any large shopping mall and read the number of "Staff Wanted" signs in the windows of shops.
                   • weka …

                     3 August 2022 at 6:15 pm

                     that's not going to tell us anything about the motivations of people on the dole.

                     We're in a pandemic, lots of staff shortages are to do with that because people are off sick, or are off looking after people that are sick.
                   • Jester …

                     3 August 2022 at 10:16 pm

                     These are advertising for full time people. I guess the only thing it tells us about the motivations of people on the dole is, they would rather stay on the dole than work 40 hours in a shop!
                     We have record low unemployment…if they would rather work in a factory or supermarket there are plenty of positions available there too…..but NZ’s don’t want to.
                   • weka …

                     3 August 2022 at 11:47 pm

                     As I said, minimum wage is around $670/wk after tax. Dole is $315. The number of people that can live on the dole is relatively small. It's not a lifestyle choice for most people.
                   • Jester …

                     4 August 2022 at 6:55 am

                     Then tell me why 100.086 people as per the article choose to stay on job seeker benefit when there are numerous full time jobs available out there? They are obviously happy living on $315 a week. They probably also receive other benefits as well such as accommodation.
                   • Incognito []

                     4 August 2022 at 8:00 am

                     There’s a job for everyone and it is conveniently just around the corner or a bus ride away, so the choice is easy, isn’t it?

                     Simplistic thinking always results in simplistic ‘answers & solutions’. RWs always seem to think it is a choice and that it is an easy one to boot.
                   • lprent []

                     4 August 2022 at 10:05 am

                     Another mindless jester speaks from a wealth of their ignorance. I’ll take your lack of definition of what you’re referring to as just a symptom of your inherent laziness and apparent inability to do work. So I will explain what you should define.

                     Try reading the stats about the location of people on jobseeker benefits. Firstly I suspect that you’re looking at the number of people on the whole of Jobseekers.

                     Jobseekers consists of people who are deemed not ready for work. This includes people with disabilities, medical problems, sick family members and other issues that largely preclude them from working. Last time I looked, that this is the main body of people on jobseekers.

                     The people on jobseekers who are “ready for work” (literally the phrase used) are the only people you should be referring to. These days this probably the minority of people on job-seekers

                     Because of a lack of jobs and extremely high living costs in locations with jobs, people on jobseekers tend to concentrate in areas with low cost structures – especially rents. These are usually also the areas without high numbers of jobs or high numbers of new jobs.

                     This can be readily observed if you read the detail of the general locations of jobseekers ready for work. They’re concentrated in semi-rural areas like Northland. If you dig into the detail they’re also concentrated in small towns with low rents.

                     There is little to no support for helping jobseekers to move from places with no work to places with work, which invariably have higher cost structures. Neither the the state nor private companies offer virtually any usable support to relocate. So Jobseekers take the economically rational inaction that doesn’t involve risk to their precarious finances. They stay put.

                     The most notable and obvious case of this is to do with eternally whining orchardists wanting fruit pickers. Most don’t provide accommodation or relocation expense support. So they don’t attract people on Jobseekers who don’t have any money to relocate to work on minimal wages for short-term jobs.

                     But the same applies in job meccas like Auckland. If you are living in a low rent area of Auckland – it is likely to be many kilometres from available work. Employers don’t pay for the commute, nor do they subsidise people to be able to get started to travel to them. Even if there is a decent wage that covers commuting costs. New employees coming off jobseekers don’t have the cash to be able to get to work if it involves hour long trips even on public transport.

                     This is exacerbated by the stand-downs and time to to get back on to Jobseekers. if your new employer fires you for virtually any reason, it can take months to get back on to a benefit. This particular bit of stupidity is due to the moralistically and short-sighted arseholes like yourself who appear to want to make as many people homeless as possible.

                     The whole point about a unemployment benefit is to to help the economy by making the job market fluid and seamless. After decades of moralistic stupidity by National led governments, the dumb arse rules on unemployment benefits appear to be deliberately designed to increase friction in the job market. It has stand down periods to make sure that people don’t improve their situation by taking new jobs. It provides no assistance in helping people move to get to jobs. The private sector employers do even less – presumably they want others to pick up the cost of providing them with employees.

                     Jester: The basic problem here isn’t that job seekers choose to stay on the $315pw. That is a rational economic response to a real issue.

                     The problem appears to be that (like many whining employers) you’re too stupid to understand the constraints on job seekers being able to get to jobs offered. Like them you’re probably also too stupidly short-sightly tight fisted as well as too lazy to actually deal with the problem.

                     Instead you’d probably prefer to throw the problem on the rest of NZ by advocating for unfettered immigration – regardless of the costs to the rest of our society and our economy.
                   • Jester …

                     4 August 2022 at 10:22 pm

                     "55 percent increase in the number on jobseeker for more than a year compared to 2017." And yet we have the lowest unemployment rate. There has never been a better or easier time to get work.

                     Perhaps it is you that are too stupid and short sighted.
                   • Incognito []

                     5 August 2022 at 8:47 am

                     It looks like you’re wilfully ignorant. Educate yourself before you comment on something you so obviously don’t know nothing about. You could start here: https://thestandard.org.nz/daily-review-04-08-2022/#comment-1903684.
         • arkie 1.1.1.2.2

           3 August 2022 at 10:38 am

           Right on cue:

           Tourism job shortfall: Call for campaign to attract young foreign workers

           The government should be encouraging young people from around the world to spend a working holiday in New Zealand, he said.

           Immigration New Zealand approved 16,904 Working Holiday Visas between 14 March and 19 July, and so far just over 2000 of those people have arrived in the country.

           https://www.rnz.co.nz/news/business/472121/tourism-job-shortfall-call-for-campaign-to-attract-young-foreign-workers
           • weka 1.1.1.2.2.1

             3 August 2022 at 11:04 am

             thanks. I should do a post on this.
2. Kat 2

   2 August 2022 at 6:07 pm

   Chris Trotter is either trialing some powerful medicinal hemp or he has discovered that hidden Hokonui moonshine still. I suspect that if it were the early 1980’s and he was PM he would be calling an early election.
   • Ad 2.1

     2 August 2022 at 6:22 pm

     He'll love the Roy Morgan today: Labour up.5, Maori on 4%, National down 4%.

     Ardern's repositioning through international travel is working well. Today: Samoa and its massive core Labour vote. Ka-ching.
     • observer 2.1.1

       2 August 2022 at 6:55 pm

       I think it's less Ardern's repositioning, more Luxon's remarkable incompetence.

       The bad news for Labour is that National MPs could solve that problem any time they want, and it's highly probable that they will before election day. I hope they're stupid enough to stick with Luxon, but I doubt it.
       • Robert Guyton 2.1.1.1

         2 August 2022 at 7:33 pm

         They can't dump Luxon. No chance. They are backing him for a win. Nicola will have to wait. Consequently, the Left are in a great position.
       • Stuart Munro 2.1.1.2

         2 August 2022 at 8:50 pm

         National MPs could solve that problem any time they want

         Not sure about that – National have scraped the bottom of the leadership barrel so often they've gone right through into the crude clay it was resting on.
     • Kat 2.1.2

       2 August 2022 at 7:12 pm

       Positive news for Jacinda in the RM poll, but I must add that Chris Trotter really is doing a great job at "holding the govt to account" by soliciting comments and finding out how the anti Labour voters really think react to his kite flying blog musings.
     • Anne 2.1.3

       2 August 2022 at 8:07 pm

       Would be nice if someone linked to this poll. I can't find it anywhere.
       • joe90 2.1.3.1

         2 August 2022 at 8:11 pm

         http://www.roymorgan.com/findings/9034-nz-national-voting-intention-july-2022-202208012359
         • Anne 2.1.3.1.1

           2 August 2022 at 8:21 pm

           Thanks joe90

           It looks liken there is a bit of volatility at the moment. Not surprising given the level of angst over various issues – not helped by so much mis and disinformation floating around.
           • Kat 2.1.3.1.1.1

             2 August 2022 at 8:45 pm

             According to this RM poll women still prefer Labour which is at odds with the "leaked" Curia poll. Why am I not surprised.
             • Anne …

               2 August 2022 at 9:01 pm

               Dare I suggest the Curia poll was tweaked to ensure more men than women were polled. Easily done. 😮
               • Kat …

                 2 August 2022 at 9:11 pm

                 Dare I say we are likely to see more such provocative manipulation leading up to the election………….
           • Chris 2.1.3.1.1.2

             3 August 2022 at 9:38 am

             I heard yesterday that the right's mis and disinformation won't be an issue this election, thank goodness.

             https://thestandard.org.nz/why-stick-more-fingers-in-the-donations-dyke/#comment-1903270
   • Maurice 2.2

     2 August 2022 at 9:15 pm

     Perhaps Trotter has his finger on a very disturbing pulse?

     We may have been painted into a rather nasty corner ……
     • Kat 2.2.1

       2 August 2022 at 9:32 pm

       Yes the pulse of some of the comments is very disturbing, but predictable…

       The paint eventually dries, just have to have patience before walking on it…….
     • Populuxe1 2.2.2

       3 August 2022 at 12:53 am

       I can tell you exactly where Trotter has his finger and while my anatomical studies are a little rusty, I'm pretty sure there's no pulse up there.
3. joe90 3

   2 August 2022 at 6:39 pm

   Muscovites go home.

   https://twitter.com/visegrad24/status/1551822084850040832

   https://freenationsrf.org/en.html
4. joe90 4

   2 August 2022 at 6:48 pm

   Here's hoping the shit stain pays.

   https://twitter.com/NYTLiz/status/1553941267809189888

   AUSTIN, Texas — When viral lies harm private people, are the courts their best refuge? A trial to decide how much the conspiracy broadcaster Alex Jones must pay a Sandy Hook family for defaming them attempts to answer that question.

   Neil Heslin and Scarlett Lewis, the parents of Jesse Lewis, 6, who died at Sandy Hook, are requesting $150 million in compensatory damages for years of torment and threats they endured in the aftermath of Mr. Jones’s lies about them on Infowars, his Austin-based website and broadcast. They are suing him in the first of three trials in which juries will decide how much he must pay relatives of 10 people killed in the Dec. 14, 2012, mass shooting at Sandy Hook Elementary School in Newtown, Conn., for spreading lies that they were actors in a “false flag” operation, planned by the government as a pretext for gun control.

   NYT
   • Puckish Rogue 4.1

     2 August 2022 at 9:42 pm

     He might have to take up a new career
     • arkie 4.1.1

       2 August 2022 at 11:43 pm

       This is a better song:
       • Puckish Rogue 4.1.1.1

         3 August 2022 at 9:27 am

         I like it!
5. Poission 5

   2 August 2022 at 7:53 pm

   Well known share trader

   https://www.businessinsider.com/nancy-pelosi-stock-trades-congress-investments-2022-7

   And Tippler

   https://twitter.com/DoombergT/status/1553065863988879360?cxt=HHwWgIC9_ZfLzI0rAAAA

   Causes significant crisis with intended visit to Taiwan .China has responded with first order sanctions on Taiwan food exports.The Chinese spokeswoman has been invoking fire and ice for the last 1/2 (bloomberg live blog) markets starting to respond ( currency and treasury)

   https://twitter.com/business/status/1554365399172521985?cxt=HHwWgoCxzYvGm5IrAAAA

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