Last week, Statistics New Zealand published the backdated results from their revamp of the HLFS. It didn’t get very much coverage, apart perhaps from the headline result, in which the estimate for the unemployment rate for the March 2016 quarter is now 5.2 per cent, down from 5.7 per cent previously.
The change arises mostly because Statistics New Zealand has reclassified those searching for a job by checking websites as not unemployed – to be “unemployed” for these statistical purposes one has to be out of work, available to start work, and actively seeking work. Previously, those using just newspaper adverts were classified as passively seeking work, while people using other search mechanisms were treated as actively seeking work, and thus included with the officially unemployed. 20 years ago web-based advertising was either non-existent or almost relevant, and now to a large extent it dominates the market. Fortunately, SNZ had enough data…
View original post 1,044 more words
Utopia, you are standing in it! 
Recent Comments