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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
6 mins to read

Unemployment biggest quarterly fall in 35 years; wage pressures building

Latest Household Labour Force Survey puts more pressure on RBNZ to raise interest rates.

The largest quarterly fall in unemployment in at least 35 years has highlighted just how well the New Zealand economy is performing.

Stats NZ’s June quarter Household Labour Force Survey showed the number of people unemployed fell 12.4% (down 17,000) over the quarter to reach 117,000 – the

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Daniel Riordan Wed, 04 Aug 2021
Contact the Writer: daniel@nbr.co.nz
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Unemployment biggest quarterly fall in 35 years; wage pressures building
General Business,
88381
true