New Zealand's unemployment rate rose to 4.8% in the September quarter of 2024, up from 4.6% in the previous period and reaching its highest level since the December quarter of 2020. This figure was below market expectations of 5%. The underutilization rate stood at 11.6% in September, down...
WELLINGTON, Feb. 2 (Xinhua) -- New Zealand's unemployment rate reached 3.2 percent in the December 2021 quarter while the underutilization rate stayed at 9.2 percent, the country's statistics department Stats NZ said on Wednesday. The unemployment rate remained low in the last quarter of 2021,...
WELLINGTON, Nov. 14 (Xinhua) -- New Zealand's unemployment rate dropped 0.2 percentage points to 4.6 percent in the September 2017 quarter, the lowest it has been since the December 2008 quarter, or the pre-global financial crisis period, the Ministry of Business, Innovation and Employment (M...
The Reserve Bank of New Zealand lowered its official cash rate (OCR) by 50 basis points to 4.25% during its November 2024 policy meeting, marking the third consecutive rate cut this year and aligning with market expectations. The annual inflation rate in New Zealand slowed to 2.2% in Q3 202...
Wage rateemploymentjoint model specificationThis paper examines the simultaneous determinants of employment and wage rates for people of working age in New Zealand. The determinants are as anticipated and similar to results in other countries. In addition to the effects of the usual variables (such ...
Gross domestic product (GDP) in New Zealand 2029 New Zealand Employment by economic sector in New Zealand 2022 Recommended statistics Population Economy National financesKey insights New Zealand: Total population (in million inhabitants) New Zealand: Population growth (compared to previous year) New...
As traders ruled out any rate cuts by the Reserve Bank of New Zealand (RBNZ) based on the strong jobs data, the New Zealand dollar rose a quarter of a cent. Kiwibank chief economist Jarrod Kerr said, “Thoughts of further RBNZ easing have turned to thoughts of RBNZ tightening, via macro...
Private consumption was boosted by the strong growth in migration, record tourist inflows and a rise of 11.25 percent in employment over the past three years. "At 70.1 percent, the labor force participation rate is at an all-time high and the second highest among the advanced economies after ...
The unemployment rate in Elko New Market is 85% lower than the national average The poverty level in Elko New Market is 97% lower than the national average Compare Elko New Market, MN Employment vsCompare Best Places for Employment in and Around Elko New Market ...
WELLINGTON, Feb. 7 (Xinhua) -- New Zealand's unemployment rate rose to 4.3 percent in the December 2018 quarter, up from 4 percent last quarter, and the rate was lower for women than men for the first time in nearly nine years, the country's statistics department Stats NZ said on Thur...