Embargoed until 10:45am – 8 May 2008
Employment declines
In seasonally adjusted terms, the number of people employed dropped by 29,000 (1.3 percent) in the March 2008 quarter,
Statistics New Zealand said today. Employment has returned to levels seen early in 2007, and follows a record high in
the December 2007 quarter.
Full-time employment decreased by 1.7 percent in the March 2008 quarter. This was driven by a decline in female
full-time employment of 22,000 following an increase in the December quarter of 31,000. Male fulltime employment
decreased by 0.6 percent. Despite a small increase in female part-time employment over the quarter, total part-time
employment decreased by 1.1 percent. This was due to a decline in male parttime employment of 4,000.
The number of people in the labour force decreased by 24,000 (1.1 percent) to 2,222,000 in the March 2008 quarter, while
the working-age population grew by 10,100 (0.3 percent). This resulted in a decrease in the labour force participation
rate of 0.9 percentage points to 67.7 percent. Both the male and female labour force participation rates declined in the
March 2008 quarter to 74.6 percent and 61.1 percent, respectively.
In the March 2008 quarter the unemployment rate increased by 0.2 percentage points to 3.6 percent. The female
unemployment rate increased by 0.4 percentage points to 3.9 percent, while the male unemployment rate remained flat at
3.4 percent.
The number of people unemployed increased by 4,000 (5.5 percent). The number of unemployed females increased by 3,000 to
40,000, while the number of unemployed males increased by 1,000 to 41,000 in the March 2008 quarter.
The unadjusted unemployment rates by ethnic group for the March 2008 quarter were: 8.6 percent for Māori, 8.2 percent
for Pacific peoples, 6.0 percent for the 'Other' ethnic group and 3.0 percent for European.
Geoff Bascand
Government Statistician
8 May 2008
ENDS