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NZ Benefit Numbers Drop

March 9, 2010 New Zealand Finance

On March 7th the New Zealand Government revealed that over the month of February the number of individuals on the Unemployment benefit had dropped by 4 224, the largest decrease since the beginning of the recession.

In a statement, Paula Bennett, Social Development Minister of New Zealand, announced that the number of individuals receiving any type of benefit in New Zealand has seen a 10 816 person drop, while the number of Unemployment Benefit recipients has fallen by 4 224.

According to Paula Bennett, the recession has been especially hard on youth workers, and measures created to address unemployment in this sector have resulted in 5 595 individual leaving the benefit and finding employment...

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