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rs needed and what kind of job training they decided to carry out. The government subsidized the training, and required employers to provide jobs to trainees after training (Exeter et al., 2015). Sixth, the government of New Zealand issued a policy on national investment, which was aimed at introducing huge investment from overseas enterprises to promote exports, increase R & D investment and expand employment. Finally, the government vigorously promoted the domestic tourism, infrastructure development, stimulating the development of the local economy to promote the quantity of employment increase (Bhattarai, 2016).
To sum up, the New Zealand government has formulated a series of policies and invested a lot of money to increase the employment rate in New Zealand. Considering from the result, the unemployment rate in New Zealand has steadily declined this year, which to a certain extent showed that these policies and investments were correct. However, New Zealand's labor force participation rate and quantity of employment declined, proving that New Zealand's unemployment problem has not been solved fundamentally, which also needed the government's further efforts.

2.3 Inflation rate
Reserve Bank Act 1989 clarified that New Zealand's monetary policy aimed to maintain the stability of the general price level. According to the Policy Targets Agreement signed in 2002, the average annual inflation must be controlled between 1% to-3%. From 2010 to 2015, New Zealand's inflation rate was 2.3%, 4%, 1.1%, 1.1%, 1.2% and 0.3% (Rateinflation, 2017).
As it could be seen from compare the data that, the inflation rate of 2.3% in 2010 remained at a high level within the target range, and the inflation rate in 2011 exceeded the high target value of 3% and reached 4%, showing that from 2010 to 2011, New Zealand's inflation rate was relatively high (Yépez, 2017). The impact of high inflation rate was mainly reflected in the following aspects: first, the prices of various products and services continued to rise, for example, in the second quarter of 2011, the New Zealand consumer price index rose 1% QoQ (Yépez, 2017). In the quarter, transportation prices rose 2.7%; food prices rose 1.1%, of which grocery and vegetable prices increased most; by the impact of rising electricity prices, housing and public services prices rose 0.9%. High inflation rate increased consumers’ costs of living in New Zealand, increasing the gap between the rich and the poor, as well as having a greater impact on living of low-income people. Second, from the viewpoint of producers of products, inflation has pushed up the prices of raw materials, fuels and electricity, transportation, land rentals, commercial services, etc., leading to increased production costs. In order to shift cost pressures, product manufacturers only have to raise the prices of their products or select temporarily discontinued production. Finally, proper inflation was helpful for New Zealand's economic development and promotion of employment, but excessive inflation could lead to over-investment, market resources were not allocated best, forming economic bubble, once the bubble burst, it would lead to economic recession, which caused great harm to the stable development of the economy.