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Author Topic: NZ Population rise to blame for jobless hike Says Government  (Read 333 times)
KiwiClare
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« on: February 04, 2010, 03:05:52 AM »

Not because of the 'free trade agreements' that see numerous factories closing or moving to China?
NZ Population rise to blame for jobless hike Says Government
http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10624095
The Government says a leap in the population is behind unemployment levels reaching their highest level since 1999.

The Household Labour Force Survey said the number of unemployed people rose to 168,000 during the December 2009 quarter, taking the unemployment rate to 7.3 per cent, its highest level since June 1999.

The jump in the unemployment rate was largely due to an increase in the number of people entering the labour force but who were unable to find work.

The number of unemployed 15 to 24-year-olds rose by 6.4 percentage points to 18.4 per cent.
For more go here:  http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10624095
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