Posted by Blogger Name. Category:
Crisis
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Forestry
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Labour Force Participation Rate
,
Labour Party
,
Rotorua
,
Statistics NZ
,
The Greens
You may remember a couple of months ago Labour and the Greens declared the forestry and wood processing industries to be in crisis. They called for tax breaks for the wood industry, which got a reaction from the cement and steel industries who were naturally enough felling left out. We blogged about it at the time.
Well Dear Readers, it looks as though another crisis has been averted, simply by opposition parties declaring a crisis; Rotorua's Daily Post reports:
Employment is on the rise in the region as one of Rotorua's biggest industries enjoys what could be its best period in 20 years.
Rotorua's booming forestry industry is experiencing its strongest growth since 1994, which is helping fuel a jump in regional employment, a local forestry leader says.
Bay of Plenty joblessness is down as national employment hits its highest rate since before the global financial crisis.
This is great news, both for Rotorua and for the country as a whole; the more people who are in work, the better. The March Household Labour Force Survey showed that the Labour Participation Rate had hit a record 69.3%. Here are the numbers from Statistics NZ:
Despite an increase in the population due largely to people returning from Australia, there are more people in work than at any other time in the country's history.
We have just one question for Labour and the Greens. Given that everything they declare to be in crisis turns to gold, could they please declare our personal finances a "crisis"? Much obliged!
