Michael Gordon, senior economist at Westpac, suggests that they are expecting a small rise in the New Zealand’s unemployment rate to 4.4% in the March quarter. Key Quotes “Low business confidence appears to have led to a slower pace of hiring.” “The labour market has tightened in recent years, and is close to estimates of the sustained maximum level of employment. However, the Reserve Bank would be concerned if employment trends were heading in the wrong direction.” “We expect a modest pickup in wage growth in the March quarter. More significant government-related increases are likely to come later in the year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index recedes from 2019 highs near 97.80 FX Street 4 years Michael Gordon, senior economist at Westpac, suggests that they are expecting a small rise in the New Zealand's unemployment rate to 4.4% in the March quarter. Key Quotes "Low business confidence appears to have led to a slower pace of hiring." "The labour market has tightened in recent years, and is close to estimates of the sustained maximum level of employment. However, the Reserve Bank would be concerned if employment trends were heading in the wrong direction." "We expect a modest pickup in wage growth in the March quarter. More significant government-related increases are likely to come later in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
