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Unemployment Rate Plummets In Hawke’s Bay

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A dramatic upswing in Hawke’s Bay’s jobs situation has seen the region’s unemployment rate plummet from twice the national average to just over 5 per cent, new government figures show.

Official statistics for the Hawke’s Bay and Gisborne regions combined yesterday revealed the regions’ unemployment rate had fallen from 8.8 per cent at the end of September to just 5.6 per cent at the end of December.

However, separate figures supplied to Hawke’s Bay Today by Statistics New Zealand estimate that when taken separately, Hawke’s Bay’s unemployment rate is closer to 5.2 per cent (down from 9.3 per cent the previously quarter), while Gisborne’s unemployment rate is the higher of the two at 6.9 per cent.

The Hawke’s Bay figures, which Statistics NZ said were below design level and indicative only, also suggested that not only were about 3000 fewer people unemployed at the end of the year – but there were also about 4000 more people in employment than the previous quarter.

Photo: Hawke’s Bay’s unemployment rate falls.

For morCapturee on this and other great Hawke’s Bay stories go to hawkesbaytoday.co.nz

Posted: 12 February 2018

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