Michael Gordon, Senior Economist at Westpac, notes that the New Zealand’s unemployment rate fell sharply from a downwardly revised 4.4% to 3.9%, taking it to its lowest level since June 2008. Key Quotes “We’re wary of the inherent noisiness of this survey. But the broader sweep of evidence points to continued moderate jobs growth and a gradual tightening in the labour market.” “The Reserve Bank won’t have much time to digest today’s results, but this is another piece of evidence that weakens the case for more stimulus.” 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: Steady labor demand – Nomura FX Street 4 years Michael Gordon, Senior Economist at Westpac, notes that the New Zealand's unemployment rate fell sharply from a downwardly revised 4.4% to 3.9%, taking it to its lowest level since June 2008. Key Quotes "We're wary of the inherent noisiness of this survey. But the broader sweep of evidence points to continued moderate jobs growth and a gradual tightening in the labour market." "The Reserve Bank won't have much time to digest today's results, but this is another piece of evidence that weakens the case for more stimulus." 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.