Written By:
mickysavage - Date published:
12:17 pm, August 5th, 2020 - 16 comments
Categories: Economy, employment, jacinda ardern, jobs, Judith Collins, labour, unemployment, workers' rights -
Tags: jobs
In phenomenally good news for the country and the Government and pretty well everyone but the National Party the country’s unemployment rate has, checks notes, declined. From Liam Dann at the Herald:
Unemployment dropped to 4 per cent in the June quarter, official labour force data from Stats NZ shows.
Defying expectations that is a fall from the March quarter’s 4.2 per cent.
Like everything else the actual data is more complex. Liam Dann has the details:
Stats NZ said the Covid effect appeared to have significantly dampened labour market activity which had impacted the unemployment number.
“About 650,000 people were away from their job, working fewer hours or less than they wanted, or were otherwise less active in the labour market in the June 2020 quarter due to reasons related to Covid-19 such as sickness or lockdown,” Stats NZ said today.
To provide context Stats NZ has provided an extended unemployment figure which includes those who did not meet the classification for official unemployment reasons related to Covid-19.
To be categorised as unemployed, a person must:
• not have a job,
• be available to start work, and
• have been actively seeking work in the past four weeks or be due to start a new job in the next four weeks.That figure was 4.6 per cent.
But given that the world is in a global pandemic I would take a figure of 4.6% any day.
And sure the economic crisis is still to wash through the economy and I can confidently say that things will get worse before they get better.
The political issue is, who are you going to trust to do their best to keep you in work? Jacinda or Judith?
The answer is very clear …
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yes, very clear, Judith
There's already been a sharp increase in jobs lost under Judith's leadership.
That's just inside the National Party.
Micky, have you lost your marbles ?
There is no contest between these two ladies.
Judith would have sent in the Terminator.
Minister Robertson, take a bow.
Whether it's 3.9 or 4.6, it would have been a far poorer country without your massive intervention.
Dare we suggest we could have a Christmas with headline unemployment under 7%?
I'm happy to criticise this government, but Finance portfolio intervention results don't come clearer than this.
Jacinda.
Judith
[Take a few days off for wasting Moderator time; back on Monday Troll Day – Incognito]
See my Moderation note @ 14:50 PM.
Jacinda. A positive outlook with supports to deal with the worst fall out. (Thanks Grant)
We have to invest in keeping the virus outside our Borders That is jobs.
Failure is Lock down and an over run Health system and fewer jobs.
The more pertinent question may be "who are you going to trust with your unemployment"?
dude, the downturn hasnt even started yet
Yes, but Jacinda got it right "If we keep the virus at our borders we will have an economy. There is no economy with covid-19 ."
And a fucking tunnel is going to solve all our problems.
/
https://twitter.com/coughlthom/status/1290833371539443713
Oh the thinking -lets rip out some inner city suburbs so that cars can get to the airport which no longer has so many flights so they don't need to go there anyway. But hey Nact doesn't get votes in Wellington central or Mirimar so this is Judith punishing them.
This is how you govern when ignoring reality.
Sorry, my comment was meant to go with RedBarononCV 8.2.1
Why would you trust someone who won't have a job by October,Ctushless Collins.