Unemployment falls to 11-year low
The drop was unexpected and was accompanied by rising employment.
Nevil Gibson
Tue, 06 Aug 2019
The seasonally adjusted unemployment rate fell to an 11-year low of 3.9%, confounding most economists’ expectations.
The June 2019 quarter figure was down from 4.2% in the March quarter and was at a level last seen in the June 2008 quarter when it was 3.8%.
Stats NZ said the total number of
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Nevil Gibson
Tue, 06 Aug 2019
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