Thousands more in paid work

Thursday 12 August 2004

Almost 3000 more people are in paid employment in the top of the South Island compared with a year ago.

By The Landlord

The latest Household Labour Forces Survey released on Tuesday showed the national unemployment level was at 4 percent; the lowest it has been since 1987.

The Nelson region's unemployment rate in June this year was 3.2 percent, up slightly from the 3 percent recorded last June, but still one of the lowest in the country.

Read More - Opens in a new window
Commenting is closed

Property News

Downward pressures might push investors out

There’s a major housing market downturn coming and it’s likely to reduce the number of investors in the market, according to ANZ economists.

House Prices

House price drops are short-lived - Alexander

Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.

Commercial

Industrial holdings leave Provincia in strong position

Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.

Mortgages

OCR reaction: Reserve Bank open to lower, negative rates

Economists say that the Reserve Bank has left the door open to lower or even negative rates, as it kept the official cash rate on hold in its Monetary Policy Statement (MPS) today.

Site by PHP Developer