Property overtakes manufacturing as biggest employer

New Zealanders not only spend most of their money on property, but looking after it has now outstripped manufacturing as the country’s biggest employer.

Statistics New Zealand’s Linked Employer-Employee Data (LEED) series showed 238,200 people were employed in property and business services during the September 2006 year, up 3 percent from 2005.

The manufacturing industry fell to second with a 1.9 percent fall in the number of jobs to 237,000. The textiles, clothing, footwear and leather manufacturing sub-industry was the key driver of the decline in manufacturing jobs.

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