Monday, March 29, 2010
Unemployment in NZ
In the latest Vulnerability Report from the NZ Council of Christian Social Services shows that the current unemployment rate is 7.3%.
This is even more alarming when it’s broken down into who is most affected: youth, Maori and Pacific peoples and benefit dependent households are bearing the brunt.
The unemployment rate for youth aged 15-19 years is a staggering 23% and the unemployment rate for Maori aged between 15-24 years is nearly 26%.
Also of concern is the longer term impact of financial deprivation on our youngest citizens. A wealth of research indicates that now is the time to build up investment in our children and young people.
The Report covers a great deal more material in its seven pages, and is well worth reading for anyone who wants to know what's happening to the poor and disadvantaged in our society.