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May brings partial recovery in filled jobs in New Zealand
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IANS | 29 Jun, 2020
Job numbers rose in May 2020 after a substantial fall in April, New Zealand's statistics department Stats NZ said.
The
total number of filled jobs rose 0.8 per cent in May, compared with
April. This contrasts with the fall of 1.6 percent in April, compared
with March 2020, Stats NZ said on Monday, Xinhua news agency reported.
"May
saw a turnaround in monthly total filled jobs. The full lockdown
throughout April brought reports of businesses hibernating to try to
weather the storm with assistance from the wage subsidy," economic
statistics manager Sue Chapman said in a statement.
"Businesses
re-opened as New Zealand moved to alert level 3 near the end of April
and then to level 2 on 13 May, bringing some people back to the
workplace," Chapman said.
"The age group of 15- to 24-year-olds
were more significantly hit by the job losses seen in April and seem to
have had harder time recovering in May than the other age brackets.
People in these age groups tend to be doing more part-time and casual
work as well as studying," she said.
The number of filled jobs
held by women fell more significantly in April and recovered to lesser
degree in May than for men over the same period, she added.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
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78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 08 Jul, 2020 |
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