NZ unemployment rate rises to 6.0% in Q3

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Córdoba) - The unemployment rate increased to 6.0% in the third quarter, up from 5.9% in the previous quarter, Statistics New Zealand said today. This reading matching expectations.

    At the same time, 11,000 fewer people were employed than in the second quarter, a 0.4% drop. This was the first quarterly fall in employment in three years.

    For the year to the September 2015 quarter, annual employment growth slowed to 1.5%, down from 3.0% in the year to June 2015 and below the 2.5% increase expected.
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