Rise in jobless figure forecast

Press, 24 March 1988, Page 1

Rise in jobless figure forecast

[ New Zealand (will likely have 130,000 jobless in June and (well above 1 150(000 in December,! according to: Business and Economic Research,.Ltd. j | [ "For calendar 1988, employment lis expected to contract; and the number iof people ur employed is certain to rise,” B.E.RiL. said In Its quarterly . forecast : : j. I, I : ■ . [ [[ ;■ ' The Government’s hopes that the number of jobless would not exceed 120,000 this year see ned forlorn in (the face of pressures now in the i economy,, B.E.R.L. said- ■' j || ; h :!J H ■ .'I J The number of people! witf i jobs could!! fall! 1 per i cent or more.! (Howi many registered as unemployed would depend on migration rates. | I 11 ! Suryeys | of! employment are showing conflicting trends. A Labour Department survey has shown a fall! in jobs feince the June [ quarter ofl last year. ! i [ The .later household survey of the Statistics Department shows the number ofl jobs increasing until December.! I I ' The Labour! Department survey included people working for 30 hours dr more a week, while the Statistics Department! included people working 20 hours or more. J ’ ; l j.,: The surveys thus showed; that traditional full-time jobs were falling as industries restructured, B.E.R;L. said, i B.E.R.L. report, page 32