Press Release – Statistics New Zealand

The Labour Cost Index (Salary and Wage Rates): March 2009 quarter Hot Off The Press scheduled for publication on Monday 4 May 2009 will be delayed until 3:00pm on Wednesday 6 May 2009. This is to allow time to incorporate improved historical information …

Labour Cost Index delayed

The Labour Cost Index (Salary and Wage Rates): March 2009 quarter Hot Off The Press scheduled for publication on Monday 4 May 2009 will be delayed until 3:00pm on Wednesday 6 May 2009. This is to allow time to incorporate improved historical information on changes to central government primary and secondary school education pay rates.

The improved information will be incorporated back to the September 2005 quarter. The main impact will be to reflect increases in education pay rates paid in 2008 that were not previously shown in the Labour Cost Index (LCI). There will also be changes to some quarters during 2005–07, where increases in education pay rates were incorporated in the LCI, but not in the correct quarter. Further details will be published in the Hot Off The Press.

The historical time series affected are those for the public sector and all sectors combined. The private sector series are not affected.

The Quarterly Employment Survey: March 2009 quarter information release will be published as scheduled on Monday 4 May 2009.

ENDS

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