Unemployment rate rises to 3.9%
Faster than expected, slightly above the RBNZ's August Monetary Policy Statement forecast.
Jonathan Mitchell
Wed, 01 Nov 2023
Unemployment has risen slightly faster than expected, hitting 3.9% in the September quarter.
That’s above 3.6% recorded in the June quarter, and the 3.4% recorded in the March quarter.
The RBNZ’s August Monetary Policy Statement had expected unemployment to rise to 3.8%, before jumping to 4.4% at
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Jonathan Mitchell
Wed, 01 Nov 2023
Contact the Writer: jmitchell@nbr.co.nz
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