The unemployment rate rose to 5.1% in the December 2024 quarter, in line with market expectations. Wage growth is moderating broadly as expected. Unemployment rate: 5.1% (prev: 4.8%, Westpac f/c: 5.0%, RBNZ f/c 5.1%) Employment change: -0.1% (prev: -0.6%, Westpac f/c: -0.2%, RBNZ f/c -0.3%) Labour costs (private sector): +0.6% (prev: +0.6%, Westpac f/c: +0.6%, […]
The post First Impressions: NZ Labour Market Statistics, December Quarter 2024 appeared first on Action Forex.
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