- The HLFS unemployment rate fell to 3.4%, from 3.5% (3.6% expected) - a new historic low.
- Seasonally adjusted employment rose 1.1% (23,000 jobs), driven by full-time employment.
- The unemployment rate would have fallen further were it not for higher labour participation.
Read the full Economic Note PDF.
Other readers of this report have also subscribed to:
In order to read these documents you will need to have Adobe Acrobat Reader. If you do not have this software installed on your computer, please click on the Adobe link below to download it. (The software is free of charge).
Report Prepared by:
Daniel Wills
ASB Treasury Economist
Phone: (649) 374 8185
Facsimile: (649) 302 0992