Employment Indicators 28 November

Employment indicators provide an early indication of changes in the labour market.

Key facts

Changes in the seasonally adjusted filled jobs for the October 2024 month (compared with the September 2024 month) were:

  • all industries - down 0.1 percent (2,017 jobs) to 2.36 million filled jobs
  • primary industries - up 1.2 percent (1,304 jobs)
  • goods-producing industries - down 0.2 percent (1,006 jobs)
  • service industries - down 0.1 percent (2,557 jobs).
MonthPercentage change
Oct-210.2
Nov-210.4
Dec-210.1
Jan-220.3
Feb-22-0.4
Mar-22-0.4
Apr-220.4
May-220.2
Jun-220.3
Jul-220.5
Aug-220.4
Sep-220.3
Oct-220.1
Nov-220.3
Dec-22-0.4
Jan-230.7
Feb-230.5
Mar-230.3
Apr-230.5
May-230.1
Jun-230.3
Jul-230.2
Aug-230
Sep-230.1
Oct-230.4
Nov-23-0.2
Dec-23-0.1
Jan-240.2
Feb-240
Mar-240.1
Apr-24-0.2
May-24-0.4
Jun-24-0.4
Jul-24-0.3
Aug-24-0.1
Sep-24-0.1
Oct-24-0.1

The following figures are actual values for October 2024 and are compared with October 2023.

  • Filled jobs were 2.36 million, down 35,569 (1.5 percent) compared with October 2023.

Filled jobs changes by industry

By industry, the largest changes in the number of filled jobs compared with October 2023 were in:

  • public administration and safety - down 7.2 percent (12,671 jobs)
  • construction - down 5.3 percent (11,141 jobs)
  • health care and social assistance - up 3.7 percent (10,059 jobs)
  • administrative and support services - down 6.2 percent (6,362 jobs)
  • accommodation and food services - down 3.5 percent (5,615 jobs).

Filled jobs changes by region

By region, the largest changes in the number of filled jobs compared with October 2023 were in:

  • Auckland - down 1.9 percent (15,756 jobs)
  • Wellington - down 2.2 percent (5,706 jobs)
  • Waikato - down 0.8 percent (1,869 jobs)
  • Manawatū-Whanganui - down 1.5 percent (1,732 jobs)
  • Canterbury - down 0.5 percent (1,708 jobs).

Filled jobs changes for men and women

In October 2024 compared with October 2023, the number of filled jobs fell by 2.0 percent (24,328 jobs) for men and fell by 1.6 percent (19,078 jobs) for women.

Filled jobs by age group

By age group, the largest changes in the number of filled jobs compared with October 2023 were in:

  • 15-19 years - down 12.3 percent (16,988 jobs)
  • 25-29 years - down 5.0 percent (13,386 jobs)
  • 35-39 years - up 3.2 percent (8,609 jobs)
  • 20-24 years - down 3.5 percent (7,950 jobs)
  • 40-44 years - up 2.2 percent (5,387 jobs).

Gross earnings

Actual gross earnings on an accrual basis for the October 2024 month were $15.6 billion, unchanged compared with the October 2023 month.

About the data

The actual gross earnings in this release were calculated on an accrual basis, where earnings are allocated proportionally to the period in which they are earned.

The accrual method removes the volatility of monthly data. For example, a fortnightly pay period might occur twice in some months and three times in other months.

Due to the shorter time series and minor revisions to data in the actual gross earnings series, the data is not directly comparable to calculations for monthly earnings on a cash basis (which covers the amount paid in the reference month).

Gross earnings on a cash basis can be accessed from Infoshare.

Timing of redundancy payments in monthly employment indicators (MEI) data

Any reduction in filled jobs from a redundancy payment will be represented in the data over the following month. For example, an employee's job would be counted in May but not in June if their final pay, which includes a redundancy payment, is in May. The MEI measures filled jobs, which means vacancies are not captured.

More data

Use Infoshare to view and download time-series data for:

Employment indicators

Subject category: Work, income, and spending
Group: Employment indicators - MEI

Tables:

  • Age and region by variable (monthly)
  • High level industry by variable (monthly)
  • High level industry by variable (qrtly-Feb/May/Aug/Nov)
  • High level industry by variable (qrtly-Mar/Jun/Sep/Dec)
  • High level industry by variable (qrtly-Jan/Apr/Jul/Oct)
  • Industry by variable (monthly)
  • Region by variable (monthly)
  • Sex and age by variable (monthly)
  • Sex and region by variable (monthly)

Note that due to a small portion of uncoded data, there will be small differences in the sum for filled jobs by region, age, sex, and the value for total New Zealand.

Definitions and metadata

Employment indicators - DataInfo+ provides general methodology and definitions relevant for employment statistics.

Technical enquiries

Declan Tobin
04 931 4600
[email protected]

Next release

Employment indicators: November 2024 will be released on 13 January 2025.

/Stats NZ Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.