Linked Employer-Employee Data: September 2008 quarter

Embargoed until 10:45am  –  20 November 2009
See also Linked Employer-Employee Data: September 2008 quarter – Media release

Highlights

This release focuses on labour market dynamics for New Zealand.

In the September 2008 year:

  • The number of filled jobs increased 1.3 percent to reach 1,823,690.
  • The number of jobs created was down 14.3 percent, compared with September 2007. 
  • Average quarterly earnings increased 5.7 percent to reach $11,840.

In the September 2008 quarter:

  • The number of filled jobs decreased 1.4 percent, a loss of 26,520 jobs.
  • The 102,770 jobs created was the smallest number of jobs created since March 2003.
  • The job and worker turnover rates were the lowest since the LEED series began in June 1999.   

Measure

Sept 2008 quarter Change from previous quarter (June 2008)  Change from previous year (Sept 2007) 
Filled jobs  1,823,690     -1.4%    +1.3%
Average quarterly earnings     $11,840    +3.1%    +5.7%
Job creation     102,770   -39.9%   -14.3%
Job destruction      129,290     -6.0%    +5.3%
Accessions         262,700   -26.4%   -11.0%
Separations     289,220   -10.6%     -2.9%
Job turnover rate              6.3%  -2.1  -0.4
Worker turnover rate          15.0%  -3.6  -1.5

 

For more information on LEED, see the Guide to Interpreting LEED Data. Additional data and breakdowns are available on Infoshare and Table Builder on the Statistics New Zealand website.

Geoff Bascand 20 November 2009
Government Statistician ISSN 1178-0533