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New Zealand - LABOUR MARKET |
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Labour market indicators
Unemployment rate in
2001
:
5.3%
(ILO data)
Working population:
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Year
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Total Population
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Working population
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Activity rate
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2004
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4 061 000
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2 035 373
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50%
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Employment by sector:
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Year
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Agriculture
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Industry
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Services
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2003
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8.2%
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22.3%
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69.3%
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| Sources: ILO, Eurostat, last available data |
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Employment contracts
Legal clauses regulate employment contracts and to a lesser degree collective agreements and individual negotiations.
The terms of employment contracts are very rigid. The limits for dismissal and the conditions for hiring are flexible.
Salaries
National monthly minimum wage as of
01/01/03
:
US$ 3.70 ($NZ 7.70) by hour
Average wage for a
employee
in the manufacturing industry in
1999
:
16.90
dollars
by
hour
(ILO data)
Social security contributions
Employer:
The rate varies depending on the number of employees.
Employee:
0.7 %.
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Number of hours
Legal definition of full time work (per week):
40 hours
Retirement age:
There is no legal age of retirement.
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Unions
Average rate of union membership:
N/A.
Unions:
NZCTU Confederation (New Zealand Council of Trade Unions) can be listed.
Useful links
For further informations on the labour market, check out the following web sites:
- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets
- NATLEX : ILO database on national labour laws
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Department of labour
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New Zealand Labour Law Profile
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New Zealand Employers' Federation (INC)
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Last modified in
January 2006
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