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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.

 

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