NZ employment data

Mixed messages in the figures though full time employment on the up.
Job numbers for the June quarter were weaker than expected. Unemployment is now at 7.1% up from 6% in march. However the March figures were lower than expected and there may be some evening out of the numbers as the rate has swung wildly in recent quarters.

The rise seems to be concentrated on male 20-24 year olds (female unemployment actually reduced). Also trend information suggests tat full-time employment is on an upward trend whereas part-time was trending down. The Dept of labour’s surveys also show relatively positive employment intentions