The experimental weekly series provides an early indicator of employment and labour market changes in a more a timely manner than the monthly employment indicators series.

The weekly employment indicators use the timelier and more detailed payday filing that has been available from Inland Revenue since April 2019. Our experimental series includes number of paid jobs and earnings for three time-lag series that have different coverage of jobs depending on their pay period. The 6-day series includes jobs with a pay period equal to or less than 7 days, while the 20-day series covers jobs with pay periods of 14 days or fewer. The 34-day series includes all jobs regardless of their pay period.

Due to the nature of the administrative data that these indicators draw from, the accuracy of the data improves the further out from the reference week it relates to. These counts are published as they are, and no work has been done to adjust for seasonality or data flow issues. We advise strong caution in making decisions based on this data.

Key facts

The 6-day series includes jobs with a pay period equal to or less than 7 days, while the 20-day series covers jobs with pay periods of 14 days or fewer. The 34-day series includes all jobs regardless of their pay period.

The 34-day series indicated that for the latest week, the week ended 13 December 2020:

  • the number of paid jobs (compared with the previous week) were:
    • 2,285,030 total paid jobs (down 11,350 or 0.49 percent)
    • 117,860 paid jobs in primary industries (up 1,180 or 1.01 percent)
    • 426,470 paid jobs in goods-producing industries (down 550 or 0.13 percent)
    • 1,684,410 in services industries (down 9,630 or 0.57 percent)
    • 56,290 in unclassified industries (down 2,340 or 3.99 percent).
  • the median income (compared with the previous week) was:
    • $1,073.54 (up $15.54 or 1.47 percent).

Leave a Reply