David Thompson Posted:
So very, very true. It beggars belief that we consider ourselves to be a developed nation when so much of our economy is based on selling milk powder or logs. BTW, I own a Plinius amplifier (my second) that drives a set of Theophany speakers.
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David Thompson Posted:
A robust but sobering report. It concerns me that confidence is rising, yet sales and exports are down and "manufacturers and exporters are still lagging behind other sectors". Surely we should wait until we're earning more money before we start spending more?
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siemens Posted:
Yes true! The only thing that will never die in this world is the nature and its science behind it. Great post.
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Kieran Ormandy Posted:
Thanks for the question Steven, Germany has seen increases in manufacturing employment since 2009, and Switzerland has had stable manufacturing employment between 2006 – 2011, even in the face of ongoing Euro-zone issues. Korea has seen increases in manufacturing employment since 2008 and Israel experienced large increases since 1998, while being stable over the last 4 years. Singapore has had increases in manufacturing employment over the last two years. These countries all value their manufacturing sectors and work to protect them, this is reflected in the above numbers and their performance through the GFC. Note data around the above examples was sourced from OECD labour market stats.
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John Walley Posted:
Point one: you should have no doubt what our Association says publically represent the views of our members. Point two: we don’t knee jerk responses, if you trace back our comments around NZPower you will see them link all the way back to our research in 2004 and 2005. All that material is fully linked from our comments above. Point three: you will note our comments on major users, sadly the same advantage does not accrue to smaller industrial users. The perverse incentives of the LRMC approach in all this are well known. Point four: the NZMEA is not like any other Association in New Zealand we admit only manufacturers and exporters into membership, and our public expressions are the views of that restricted membership.
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Manufacturing employment falls

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The latest Statistics New Zealand Household Labour Force Survey shows an increase in the unemployment rate to 6.4%, as well as a significant decrease in the number of people employed in manufacturing, say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZMEA Chief Executive John Walley says, “The number of people employed in manufacturing fell by 3600 when compared to the March 2013 quarter, and is down 3900 when comparing year on year, to the June 2012 quarter.”

“While employment in many other sectors has seen growth, manufacturing has not; underlining our two-speed economy as the tradable sector, on which we all depend continues to struggle. This is not a sustainable position.”

“We have seen the recent example of Holcim’s cement production on the road to closing, choosing to import from overseas. This seems to be the path we are on, a result of having a relatively unsupportive environment for productive activity compared to other countries.”

“Continuing to operate a two-speed economy will hollow out much of the manufacturing activity that supports many jobs and economic activity elsewhere in our economy.”

“This effect and realistic policy responses were outlined earlier in the year by the Manufacturing Inquiry.”

“Is it time we started to value manufacturing and put policies in place to create a supportive, globally competitive environment. You don’t know what you’ve got until it’s gone, and if we don’t care about manufacturing in New Zealand, it will go. There needs to be a broad recognition that New Zealand needs manufacturing more than manufacturing needs New Zealand.”

“We have seen today that Government is willing to jump in to help stop a potential closure when it aligns with their asset sale commitment; notable by its absence is the same commitment to the rest of the manufacturing sector.”

“Is it wise to default to a position that sees our economy to rely on services, many of which depend on manufacturing activity, and agriculture? What is the future for our economy if we depend more and more on less and less, through neglect, losing complexity, capacity and capability?” 

tags: employment, manufacturing, unemployment rate, economy, john walley, holcim, exports


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