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EMPLOYMENT SURVEY

Hourly Rates Rise Average hours worked showed little change but both avearge ordinary time and overtime hourly rates rose substantially, according to figures of the Department of Labour’s latest half-yearly employment survey, published in the Labour and Employment Gazette. In consequence, average weekly earnings in all surveyed industries were 6.1 per cent higher in October, 1968, than one year before. Average weekly earnings are influenced to a much greater extent by any significant increases in ordinary time hourly rates of pay than increases in overtime hourly rates as ordinary time hours worked are some 12 to 15 times as great as overtime hours of work, the gazette says.

Moreover, average ordinary time and overtime hours of work were fractionally higher in October, 1968, than in October, 1967. The combined effect of these recent trends was a 6.1 per cent increase in average weekly earnings of 52.41 a week during the 12 months ended October, 1968, to a level of $42.38 a week

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19690225.2.90

Bibliographic details

Press, Volume CIX, Issue 31922, 25 February 1969, Page 14

Word Count
164

EMPLOYMENT SURVEY Press, Volume CIX, Issue 31922, 25 February 1969, Page 14

EMPLOYMENT SURVEY Press, Volume CIX, Issue 31922, 25 February 1969, Page 14