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Comments on: June 08 labour market: The first half http://www.tvhe.co.nz/2008/08/05/june-08-labour-market-the-first-half/ The Visible Hand in Economics Thu, 28 Aug 2008 02:12:07 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: August 08 NBNZ Business outlook « The visible hand in economics http://www.tvhe.co.nz/2008/08/05/june-08-labour-market-the-first-half/#comment-1950 Thu, 28 Aug 2008 02:12:07 +0000 http://tvhe.wordpress.com/?p=796#comment-1950 […] the labour market figures didn’t give us any of this over the June quarter – turns out employment has been flat rather than falling. As a result, it is […]

]]> By: June 08 Labour market: Part Two (Revenge of the hours worked) « The visible hand in economics http://www.tvhe.co.nz/2008/08/05/june-08-labour-market-the-first-half/#comment-1949 Thu, 07 Aug 2008 00:59:28 +0000 http://tvhe.wordpress.com/?p=796#comment-1949 […] June 08 Labour market: Part Two (Revenge of the hours worked) 7 08 2008 This follows from Part One. […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/08/05/june-08-labour-market-the-first-half/#comment-1948 Mon, 04 Aug 2008 21:57:41 +0000 http://tvhe.wordpress.com/?p=796#comment-1948 “Why call faster growth in hours worked than in working age population “weak”?”

True true, hours worked was up 2% while population rose 1.2%. However, over the last six months hours rose 0.5%, which would be a touch below population growth.

I guess I am sticking to the consensus line of viewing data in a negative light until the HLFS is out. If that surprises with lower unemployment then I might tie it into a stronger story 😛

However, the gap between the qes and hlfs hours worked concerns me – with the two series not converging I don’t know what to believe 😉

]]> By: CPW http://www.tvhe.co.nz/2008/08/05/june-08-labour-market-the-first-half/#comment-1947 Mon, 04 Aug 2008 21:47:26 +0000 http://tvhe.wordpress.com/?p=796#comment-1947 Why call faster growth in hours worked than in working age population “weak”?

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