Back To Listing

New Zealand real unemployment down 0.3% to 8.5% and a further 8.6% (down 1%) of workforce are under-employed

This Roy Morgan survey on New Zealand’s unemployment and ‘under-employed’* is based on weekly interviews covering July – September 2013 and in total 6,417 New Zealanders aged 14 and over were interviewed.

In the September Quarter 2013 according to Roy Morgan:

New Zealand unemployment was 8.5% (down 0.3% since the June Quarter 2013) of the 2,629,000 in the NZ workforce – an estimated 223,000 (down 5,000) were unemployed and looking for work.

A further 8.6% (down 1%) of the workforce* were under-employed – that is working part-time but looking for more work – 227,000 (down 23,000) New Zealanders.

In total 17.1% of the workforce (450,000, down 28,000) New Zealanders were either unemployed or under-employed.

The latest Roy Morgan unemployment estimate of 8.5% is now 2.3% above the 6.2% currently quoted by Statistics New Zealand for the September Quarter 2013.

Compared to a year ago there are 99,000 more New Zealanders now employed, and unemployment is now 0.3% less than the September Quarter 2012 (8.8%).


            Roy Morgan New Zealand Unemployed and ‘Under-employed’* Estimate

 

 

 

 

 

 

Unemployed or
‘Under-employed’*

Unemployed

Unemployed looking for

‘Under-employed’*

Full-time

Part-time

2009

‘000

%

‘000

%

‘000

‘000

‘000

%

Jan–Mar 2009

438

17.6

214

8.6

80

134

224

9.0

Apr-June 2009

443

18.1

243

9.9

119

124

200

8.2

July-Sep 2009

495

20.5

266

11.0

126

140

229

9.5

Oct-Dec 2009

496

20.2

270

11.0

151

119

226

9.2

2010

 

 

 

 

 

 

 

 

Jan–Mar 2010

435

17.4

252

10.1

129

123

183

7.3

Apr-June 2010

472

19.3

237

9.7

130

107

235

9.6

July-Sep 2010

436

17.8

223

9.1

116

107

213

8.7

Oct-Dec 2010

486

20.0

261

10.8

119

143

225

9.3

2011

 

 

 

 

 

 

 

 

Jan–Mar 2011

510

20.5

288

11.6

149

139

222

8.9

Apr-June 2011

418

17.1

237

9.7

116

121

181

7.4

July-Sep 2011

457

18.4

234

9.4

141

93

223

9.0

Oct-Dec 2011

493

19.0

245

9.4

118

127

248

9.9

2012

 

 

 

 

 

 

 

 

Jan–Mar 2012

515

20.3

286

11.1

125

161

229

9.2

Apr-June 2012

467

18.7

228

9.1

105

123

239

9.6

July-Sep 2012

449

17.7

223

8.8

124

99

226

8.9

Oct-Dec 2012

505

19.5

243

9.4

124

119

262

10.1

            2013

 

 

 

 

 

 

 

 

Jan-Mar 2013

518

19.9

252

9.7

139

113

266

10.2

Apr-Jun 2013

478

18.4

228

8.8

122

106

250

9.6

Jul-Sep 2013

450

17.1

223

8.5

102

121

227

8.6


Gary Morgan says:

“The latest Roy Morgan New Zealand September Quarter 2013 employment figures show a drop in New Zealand unemployment to 8.5% (down 0.3% from the June Quarter 2013). New Zealand unemployment is now at its lowest since the September Quarter 2008 (6.9%) – five years ago. Unemployment has now dropped substantially since peaking at 11.6% in the March Quarter 2011.

“An additional 8.6% (down 1.0%) of New Zealanders are under-employed – working part-time but looking for more work. This is the lowest level of under-employment since the June Quarter 2011 (7.4%). This is a total of 17.1% (down 1.3%) of New Zealanders that are either unemployed or under-employed – the lowest since September Quarter 2008 at the outset of the Global Financial Crisis – and before John Key became Prime Minister in November 2008.

“In more positive news for the Key Government overall New Zealand employment has risen to 2,405,000 (up 31,000) consisting of a record high 1,667,000 full-time employees (up 45,000) and 738,000 part-time employees (down 14,000). The Roy Morgan unemployment estimate is however still significantly higher than the 6.2% estimate provided by Statistics New Zealand for the June Quarter 2013.”


This Roy Morgan survey on New Zealand’s unemployment and ‘under-employed’* is based on weekly interviews covering July – September 2013 and in total 6,417 New Zealanders aged 14 and over were interviewed.

*The ‘under-employed’ are those people who are in part-time work or consultants who are looking for more work.


For further information:

Contact

Office

Mobile

Gary Morgan:

+61 3 9224 5213

+61 411 129 094

Michele Levine:

+61 3 9224 5215

+61 411 129 093

The Roy Morgan New Zealand Unemployment estimate is obtained by surveying a New Zealand-wide cross section by telephone. An unemployed person is classified as part of the labour force if they are looking for work, no matter when.

The results are not seasonally adjusted and provide an accurate measure of monthly unemployment estimates in New Zealand. The Statistics New Zealand Unemployment estimates are obtained by mostly telephone interviews.

Households selected for the Statistics New Zealand Labour Survey are interviewed each quarter for up to two years (eight interviews), with one-eighth of the sample being replaced each quarter. The first interview is conducted face-to-face. Subsequent interviews are then conducted by telephone.

Statistics New Zealand classifies an unemployed person as part of the labour force only if, when surveyed, they had actively sought work in the past four weeks ending with the reference week and were available for work or had a new job to start within the next four weeks.

Statistics New Zealand Unemployment estimates are also seasonally adjusted. For these reasons the Statistics New Zealand Unemployment estimates are different from the Roy Morgan Unemployment estimate.

There is a similar divergence caused in Australia’s ABS Unemployment estimates and the Roy Morgan Australian Unemployment estimates. Roy Morgan Executive Chairman Gary Morgan's concerns regarding the ABS Unemployment estimate are clearly outlined in his letter to the Australian Financial Review, which was not published.


ROY MORGAN MEASURES REAL UNEMPLOYMENT IN AUSTRALIA
NOT THE ‘PERCEPTION’ OF UNEMPLOYMENT – JUNE 8, 2012.

http://www.roymorgan.com/~/media/Files/Papers/2012/20120603.pdf

Roy Morgan New Zealand Unemployment Statistics

Roy Morgan New Zealand Unemployment & Under-employment Statistics


Latest Roy Morgan New Zealand Unemployment & Under-employment Data Tables

You can also view our monitor of Monthly Unemployment Figures in Australia.

Margin of Error

The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample. Allowance for design effects (such as stratification and weighting) should be made as appropriate.

Sample Size % Estimate
40%-60% 25% or 75% 10% or 90% 5% or 95%
1,000 ±3.2 ±2.7 ±1.9 ±1.4
10,000 ±1.0 ±0.9 ±0.6 ±0.4
20,000 ±0.7 ±0.6 ±0.4 ±0.3
50,000 ±0.4 ±0.4 ±0.3 ±0.2