New-Zealand

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:

LABOUR MARKET

 

 

Labour market indicators

Unemployment rate in 2001: 5.3% (ILO data)


Working population:

Year

Total Population

Working population

Activity rate

2004  

4 061 000  
2 035 373  
50%  
Source : Worldbank


Employment by sector:

Year

Agriculture

Industry

Services

2003  

8.2%  
22.3%  
69.3%  
Sources: ILO, Eurostat, last available data

 

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 2004: 19.29 dollars by  hour (ILO data)


Social security contributions

Employer: The rate varies depending on the number of employees.

Employee: 0.7 %.

 

Number of hours

Legal definition of full time work (per week): 40 hours

Retirement age: There is no legal age of retirement.

 

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

- Department of labour

- New Zealand Labour Law Profile

- New Zealand Employers' Federation (INC)


Last modified in January 2006
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