Statistics NZ > Products & services > Hot Off The Press > Labour Cost Index (Salary and Wages) > Labour Cost Index (Salary and Wage Rates): March 2008 quarter


Embargoed until 10:45am – 5 May 2008


Labour Cost Index (Salary and Wage Rates): March 2008 quarter


Highlights  |  Commentary  |  Technical notes  |  Tables  | 


Highlights


In the year to the March 2008 quarter:

  • Salary and wage rates (including overtime) increased 3.4 percent.
  • Overtime wage rates increased 3.5 percent.
  • The mean increase for all surveyed salary and ordinary time wage rates that rose was 5.6 percent.

Sector Salary and ordinary time wage rates All salary and wage rates (including overtime)
Percentage change from previous quarter Percentage change from previous year Percentage change from previous quarter Percentage change from previous year
All sectors 0.8 3.4 0.7 3.4
Public sector 0.9 3.4 0.8 3.3
Private sector 0.7 3.5 0.7 3.5



Geoff Bascand
Government Statistician
5 May 2008
ISSN 1178-0525
There is a companion Media Release published – Labour Cost Index and Quarterly Employment Survey: March 2008 quarter.

 



  Labour Cost Index (Salary and Wage Rates): March 2008 quarter (pdf)



Previous Releases