The unemployment rate rose to 4.8% in the September quarter, a smaller than expected rise due to more young people exiting the labour force. Wage growth is moderating broadly as expected. Unemployment rate: 4.8% (prev: 4.6%, Westpac f/c: 5.0%, RBNZ f/c 5.0%) Employment change (quarterly): -0.5% (prev: +0.2%, Westpac f/c: -0.6%, RBNZ f/c -0.4%) Labour costs […]
The post NZ First Impressions: Labour Market Data, September Quarter 2024 appeared first on Action Forex.
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