close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
2 mins to read

Unemployment holds steady at 3.4%, wage pressures elevated

Stats NZ data comes in as expected, with unemployment remaining near historic lows.

Graphic: Michael Hickmott.

Unemployment has held steady amid a tight labour market, with wage pressures remaining hot, according to data from Stats NZ.

It showed the unemployment rate remained at 3.4% in the March quarter, the same as the December quarter, but above the 3.2% recorded a year ago.

The underutilisation rate – a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Wed, 03 May 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Unemployment holds steady at 3.4%, wage pressures elevated
Economics,
98871
true