Labour Market Statistics (Income): June 2024 quarter

External data influencers We collected data in this release in the June 2024 quarter (April to June). Changes in income may be influenced by one-off events. Events that could have influenced the June 2024 quarter data include: the rise in the adult minimum wage from $22.70 to $23.15 (effective from 1 April 2024) general annual adjustments to benefits and New Zealand Superannuation rates (effective from 1 April 2024) Response Rate As the Labour Market Statistics (Income) content is collected as part of the Household Labour Force Survey (HLFS), the same target response rate and target achieved sample rate apply. The target response rate for the HLFS is 90 percent and target achieved sample rate is 79 percent. The response rate for the June 2024 quarter was 79.8 percent and the achieved sample rate was 70.9 percent. Sampling errors The table below summarises the main relative sampling errors for the June 2023 and June 2024 quarters, by income source. Relative sampling errors for selected income measures June 2023 and June 2024 quarters Income source Sampling error (%) 2023 2024 Average Wages and salaries 1.4 1.0 Self-employment 5.8 6.2 Government transfers 1.0 0.9 All sources collected 1.6 1.4 Median Wages and salaries 1.0 0.6 Self-employment 8.2 9.1 Government transfers 0.5 0.7 All sources collected 1.8 1.0 en-NZ