Total gross earnings up 8.6 percent in year to March 2024

Total gross earnings for the March 2024 year rose by 8.6 percent ($13.8 billion) compared with the previous year, according to data released by Stats NZ today.

The total gross earnings for the March 2024 year reached $174 billion, up from $160 billion in the year prior.

At the regional level, all regions saw an increase in total gross earnings when compared with the previous year. The regions with the largest movements by percentage change in the year ended March 2024 were:

  • Marlborough, up 10 percent ($165 million)
  • Otago, up 10 percent ($709 million)
  • Northland, up 8.9 percent ($408 million)
  • Waikato, up 8.9 percent ($1.3 billion).
RegionAnnual percentage change
Northland8.9
Auckland8.8
Waikato8.9
Bay of Plenty8.8
Gisborne8.5
Hawke’s Bay8.7
Taranaki8.2
Manawatū-Whanganui8.5
Wellington7.1
Tasman8.7
Nelson6.2
Marlborough10.2
West Coast8.5
Canterbury8.9
Otago10.1
Southland7.0

Auckland region had the largest increase in earnings over the year to March 2024, up to $64.9 billion from $59.6 billion in the March 2023 year.

RegionAnnual change ($ billion)
Northland0.408393838
Auckland5.267612922
Waikato1.303373704
Bay of Plenty0.807270513
Gisborne0.111912268
Hawke’s Bay0.438933207
Taranaki0.290407066
Manawatū-Whanganui0.575158295
Wellington1.430160716
Tasman0.128011364
Nelson0.078992549
Marlborough0.164773371
West Coast0.074898872
Canterbury1.782438839
Otago0.708774493
Southland0.206843112

March filled jobs up 0.3 percent

Filled jobs rose by 0.3 percent (7,346 jobs) between the December 2023 and March 2024 quarters after adjusting for seasonal effects.

At an industry level, the largest changes in seasonally adjusted filled jobs compared with the December 2023 quarter were in:

  • public administration and safety – down 2.5 percent (4,247 jobs)
  • health care and social assistance – up 0.8 percent (2,092 jobs)
  • education and training – up 0.9 percent (1,771 jobs)
  • accommodation and food services – up 0.9 percent (1,425 jobs).

“The decrease in filled jobs for the public administration and safety industry reflects a reduction in temporary jobs related to the general election,” business employment insights manager Sue Chapman said.

Annual filled jobs increase

“Filled jobs have increased by 2 percent when comparing the March 2024 quarter with the March 2023 quarter. Although the pace has slowed, filled jobs continue to rise over time,” Chapman said.

YearAnnual change in filled jobs
Mar-1328382
Mar-1446603
Mar-1547743
Mar-1645481
Mar-1759949
Mar-1870412
Mar-1947800
Mar-2049780
Mar-211991
Mar-2269346
Mar-2361681
Mar-2445798
YearAnnual change in filled jobs percentage movement
Mar-131.6
Mar-142.7
Mar-152.6
Mar-162.5
Mar-173.2
Mar-183.6
Mar-192.4
Mar-202.4
Mar-210.1
Mar-223.3
Mar-232.8
Mar-242

Employment indicators: April 2024 has more timely information about filled job measures.

/Stats NZ Public Release. View in full here.