Minimum Wage To $16.25? Yeah Nah

One of Labour’s proposed policies, in the unlikely event they are able to form a government after the election, is to raise the minimum wage by $2 an hour to $16.25 an hour. The literature…

Labour Market Adjustment Speed

Interesting Treasury working paper – “New Zealand Labour Market Dynamics: Pre- and Post-global Financial Crisis” – talks about the major structural changes in the New Zealand labour market since the 1980’s reforms. It looks at…

Higher Wages Are Not A Bad Thing

If there is still a shortage in skilled workers for Christchurch, then firms will have to: Offer higher wages Offer training programs that rapidly upskill workers keen for an opportunity There is no such thing…