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Deteriorating Unemployment Stats add to early election prospects-ACT.

Posted on 13 May 2005
The across the board increase in unemployment strengthens the probability of Helen Clark calling an early election, ACT Deputy Leader and Employment spokesman Dr Muriel Newman said today.
 
“For five years Labour has been the beneficiary of a strong economy and rapid job growth due to the economic reforms of the 1980s and 90’s, however Labour’s anti growth policies are now starting to bite,” Dr Newman said.
 
Unemployment grew across the board in the March quarter, with :
 
Seven of the ten age group categories suffering higher unemployment;
 
All ethnic groups, excepting Maori, suffering higher unemployment;
 
Unemployment climbing in nine of the country’s twelve regions.
 
“These figures are simply a taste of the bad news that lies ahead and are an indictment on Labour’s policies and management of our economy, with a forecast growth in unemployment emerging earlier than anticipated.
 
“The Government’s latest pre-budget official forecasts show unemployment is set to rise 11% over the next four years.
 
“This will be the catalyst for Labour to go early to the polls to try and win back power before the unsuspecting public realise what’s going on, “ Dr Newman said. 
 
ENDS
 
 
 
 
 
Dr Muriel Newman MP                     
muriel.newman@parliament.govt.nz
Phone:            04 470 6633  /  021 800 111
Fax:                 04 473 3532
Michelle Brooker, Press Secretary
michelle.brooker@parliament.govt.nz
Phone:            04 470 6644  /  021 995601