Christchurch labour costs increase, driven by construction, on strong demand, low unemployment

Fri, 20 Dec 2013

Dec 20 (BusinessDesk) – The cost of labour in Christchurch is increasing, especially in the construction industry, driven by a tight labour market with low unemployment and strong demand due to the earthquake rebuild, according to the latest September quarter Canterbury Rebuild Report by the Ministry of Business, Innovation & Employment. The mismatch between supply and demand saw salary and wages in the Canterbury construction sector grow at a 3.7 percent annual pace in the September quarter, outpacing the 1.6 percent rate for the constructio...

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