N.Z. unemployment rate 5.2% vs. 4.8% forecast

Investing.com – The rate of unemployment in New Zealand rose unexpectedly in the last quarter, official data showed on Tuesday.

In a report, Statistics New Zealand said that N.Z. unemployment rate rose to a seasonally adjusted 5.2%, from 4.9% in the preceding quarter.

Analysts had expected N.Z. unemployment rate to fall to 4.8% in the last quarter.

You May Also Like