Pages

Showing posts with label HLFS. Show all posts
Showing posts with label HLFS. Show all posts

Friday, November 12, 2021

Lindsay Mitchell: Only 8,800 Kiwis unemployed for a year or more

The NZ Initiative this week released a paper arguing against introducing unemployment insurance. One reason advanced is that relative to other countries  NZ doesn't have a problem with long-term unemployment:

"Perhaps more importantly, long-term unemployment, that is, people who have been unemployed for 12 months or more, is also relatively low in New Zealand ... In 2020, long-term unemployed was only 8.9% of total unemployed in New Zealand."

Is that a surprise to you?