Story: Business cycles

Building apprentices, 1991 (2nd of 2)

Building apprentices, 1991

By the early 1990s the New Zealand economy was no longer in a growth cycle and builders were the first to feel the downturn.  These four Wellington apprentices (left to right: Stewart Rose, Justin Chamberlain, Jason Davey and Jason Hague-Smith) were within a year of becoming tradesmen.  With the decline in building they were facing redundancy.  However they were able to complete their appenticeship only because their employer, Fletcher Construction, donated their labour for a community building project in Wainuiomata.

Using this item

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1991/3217/22
Photograph by Ross Giblin

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Viv B. Hall, 'Business cycles - What is a business cycle?', Te Ara - the Encyclopedia of New Zealand, (accessed 21 April 2024)

Story by Viv B. Hall, published 11 Mar 2010