Recovery in Employment

Figure 4: GDP and employment growth in the two years following the end of the recession

	1967-69	1978-80	1983-85	1991-93	1998-2000	2009-11	Average of past recessions
GDP	9.6%	4.0%	10.8%	5.8%	9.2%	5.4%	7.9%
Employment	6.3%	3.6%	5.7%	1.4%	2.2%	0.1%	3.8%

Source: Statistics NZ, NZIER.