Michael Gordon, Senior Economist at Westpac, notes that New Zealand’s Household Labour Force Survey (HLFS) recorded a 0.5% rise in employment for the June quarter, matching the growth in the working-age population, but with more people actively entering the workforce, the unemployment rate rose slightly from 4.4% to 4.5%. Key Quotes “New Zealand’s unemployment rate rose slightly in the June quarter, but in most other respects the details on jobs and wage growth were robust.” “Annual growth in employment accelerated, and labour force participation remains near record highs.” “Wage growth has accelerated, albeit slightly, even after accounting for Government mandated pay increases.” “Today’s reports will provide some comfort to the Reserve Bank that the economy is on track for both full employment and a gradual return to the inflation target.” 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 Trade tiff will have a manageable aggregate impact on global growth and inflation – Moody’s FX Street 5 years Michael Gordon, Senior Economist at Westpac, notes that New Zealand's Household Labour Force Survey (HLFS) recorded a 0.5% rise in employment for the June quarter, matching the growth in the working-age population, but with more people actively entering the workforce, the unemployment rate rose slightly from 4.4% to 4.5%. Key Quotes "New Zealand's unemployment rate rose slightly in the June quarter, but in most other respects the details on jobs and wage growth were robust." "Annual growth in employment accelerated, and labour force participation remains near record highs." "Wage growth has accelerated, albeit slightly, even after accounting for Government mandated… 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.
