Maori, workers miss out on COVID economic recovery 06 May 2021 08:09 AM Photo: Radio Waatea Image Database.
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The Council of Trade Unions says the latest labour market data shows working people are continuing to bear the costs of the COVID-19 crisis.
Statistics New Zealand figures show 54 per cent of all working people did not receive a pay increase in the last year.
Māori and Pacific s unemployment remains more than double the Pākehā rate, and there were higher levels of underemployment and underutilisation, particularly for women.
CTU economist Craig Renney says at the same time bank profits are rising.
Press Release – New Zealand Council of Trade Unions The Council of Trade Unions is concerned that working people are continuing to bear the costs of the COVID-19 crisis. “Todays figures from Statistics New Zealand show that 54% of all working people did not receive a pay increase in the last year. …
The Council of Trade Unions is concerned that working people are continuing to bear the costs of the COVID-19 crisis.
“Today’s figures from Statistics New Zealand show that 54% of all working people did not receive a pay increase in the last year. People working in both the public and private sectors experienced wage increases as measured by the Labour Cost Index of 1.6% – which means that in real terms their wages were flat. As the economy recovers from COVID-19, we should be making sure that all working people are benefitting from that recovery,” said CTU Economist and Director of Policy Craig Renney.
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Unemployment statistics – COVID-19 recovery still uneven
The Council of Trade Unions is concerned that working people are continuing to bear the costs of the COVID-19 crisis.
“Today’s figures from Statistics New Zealand show that 54% of all working people did not receive a pay increase in the last year. People working in both the public and private sectors experienced wage increases as measured by the Labour Cost Index of 1.6% – which means that in real terms their wages were flat. As the economy recovers from COVID-19, we should be making sure that all working people are benefitting from that recovery,” said CTU Economist and Director of Policy Craig Renney.
Press Release – New Zealand Council of Trade Unions The Council of Trade Unions is concerned that working people are continuing to bear the costs of the COVID-19 crisis. “Todays figures from Statistics New Zealand show that 54% of all working people did not receive a pay increase in the last year. …
The Council of Trade Unions is concerned that working people are continuing to bear the costs of the COVID-19 crisis.
“Today’s figures from Statistics New Zealand show that 54% of all working people did not receive a pay increase in the last year. People working in both the public and private sectors experienced wage increases as measured by the Labour Cost Index of 1.6% – which means that in real terms their wages were flat. As the economy recovers from COVID-19, we should be making sure that all working people are benefitting from that recovery,” said CTU Economist and Director of Policy Craig Renney.
Maori, workers miss out on COVID economic recovery 06 May 2021 08:09 AM Photo: Radio Waatea Image Database.
More Related Stories
Related Podcast
The Council of Trade Unions says the latest labour market data shows working people are continuing to bear the costs of the COVID-19 crisis.
Statistics New Zealand figures show 54 per cent of all working people did not receive a pay increase in the last year.
Māori and Pacific s unemployment remains more than double the Pākehā rate, and there were higher levels of underemployment and underutilisation, particularly for women.
CTU economist Craig Renney says at the same time bank profits are rising.