New Zealand jobless rate hits 5.3%, highest since 2016

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WELLINGTON: New Zealand’s jobless rate rose to 5.3% in the third quarter, its highest level since 2016, as employment remained unchanged, according to data released by Statistics New Zealand on Wednesday. The increase in the unemployment rate was in line with a Reuters poll and the central bank’s forecast, while employment growth was slightly worse than the 0.1% rise forecast in the poll. Read full story

Date: 5 November, 2025 9:01 am
Source: thestar.com.my

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