Nats’ 170,000 jobs evaporate

In Budget 2011, National made a big song and dance over the projection that ‘they’ would create 170,000 jobs in the next four years. Leaving aside the fact that they usually claim the government doesn’t create jobs and that they were counting jobs from the year before in their four year total, the promise basically rested on creating 57,000 jobs this year. So, what’s the latest update on that figure? … 0.

That’s right, the Half-Year Fiscal and Economic Update released yesterday shows zero net change in employment in the year to March 2013. That’s the same period where National promised 57,000 more jobs in Budget 2011.

Unemployment is rising and National’s election promise of 170,000 more jobs has disappeared into the unrememberable past for John Key. But the new projections are still promising 108,000 more jobs in the four years to 2015.

How? Why by claiming there will 50,000 more jobs next year, of course.

That’s the great thing about the brighter future, it’s always just ahead of you….

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