NZ SMEs deliver bulk of jobs growth over past year: economist

NZ SMEs deliver bulk of jobs growth over past year: economist
Paul McBeth
By Andrew Bevin May 14 (BusinessDesk) - Small businesses employing just a third of New Zealand’s workforce have delivered more than two-thirds of the nations’ jobs growth over the past year, a leading economist says. Former ANZ Bank New Zealand chief economist Cameron Bagrie, who now heads Bagrie Economics, today said small business employment rose at an annual pace of 8-10 percent in the past 12 months, outpacing the 3.1 percent growth in new jobs nationwide. “It looks to me like already small to medium size enterprises are accounting...