Poll: Are you concerned about losing your job or business?
Hi neighbour,
About one in 14 workers say they expect to lose their job or business by mid-2021, according to data released by Stats NZ on Tuesday.
A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business within the next 12 months. At a national level this represented 185,000 workers.
A further 18 percent (468,000) felt there was a medium chance, while 4 percent (105,000) stated they did not know what their job security was going to be over the following year.
Most people surveyed said there was little or no chance of losing their job or business (71 percent or 1,859,000).
Small businesses have been vulnerable during the pandemic. Self-employed people who did not have staff or employees of their own felt more insecure about losing their business than employees felt about losing their job. Ten percent of self-employed people without employees reported low job security, compared with 6 percent of employees.
The household labour force survey (HLFS) June 2020 quarter was collected over a three-month period from April to June and asked employed people about their perceived job security over the next 12 months. During the collection period, New Zealand dropped from COVID-19 alert level 4 in April to alert level 1 by June.
-
53.2% Yes
-
46.8% Ni
Poll: Have you ever had a scary flight?
A plane flying from Christchurch to Wellington on Sunday had smoke billowing out of the engine and upon landing, passengers had to open the emergency exit and jump out. Have you had any scary flying experiences?
-
56.2% Yes!
-
43.8% No, it's always been smooth flying
LIVE Q&A: Financial well-being with Cat Rikihana
Today (Wednesday) we're having another Neighbourly Q&A session. This time with Cat Rikihana who is a financial mentor, educator and financial capability practitioner at Financial Freedom Trust in the Manawatū.
Cat Rikihana (Ngai Tahu) like many financial mentors around Aotearoa, works with individuals, groups and whānau to successfully navigate financial stress and hardship. Mentors work alongside whānau to increase confidence and skills in personal money management and advocate with and for clients. Cat enjoys delivering online and face-to-face workshops which provide opportunities to normalise money conversations and encourages people to make time to consider their financial well-being.
Cat is also an independent financial well-being coach, educator and indigenous life coach at Restore Wellness Network. She is a published writer and currently in the process of writing her first non-fiction book: 'A financial self-care guide for women in Aotearoa.'
She'd love to answer any questions you may have around your budgeting and spending habits, strategies for saving, retirement planning and debt. (Don't be shy, but be mindful about what you disclose!)
↓ Share your questions now and Cat will reply to your comment below ↓
Landscape painter
Make your own wall art from leftover MDF and Resene testpots. Nikki Kettle’s abstract piece was inspired by her local environment.
Find out how to create your own with these easy step by step instructions.
Loading…
