The New Zealand labour market is softening, but wage growth remains on the high side, partly supported by government pay agreements. Unemployment rate: 4.6% (prev: 4.4%, Westpac f/c: 4.7%, RBNZ f/c 4.6%) Employment change (quarterly): +0.4% (prev: -0.3%, Westpac f/c: -0.4%, RBNZ f/c +0.1%) Labour costs (private sector, quarterly): +0.9% (prev: +0.8%, Westpac f/c: +0.7%, […]
The post NZ First Impressions: Labour Market Surveys, Q2 2024 appeared first on Action Forex.
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