Labour market recovery gathers momentum

Key highlights Wage growth continues to recover gradually, in line with recovery in economy. Early signs of an increase in inflation pressures as a result of Canterbury rebuilding activity. Robust employment demand ex-Christchurch; HLFS unemployment rate to edge higher to 6.7% from 6.6%.     Report prepared by: Jane Turner ASB Economist Phone: +64 9 374 8185 Fax: +64 9 302 0992