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3 Feb 2015
NZ jobs: Another solid number, unemployment rate up
FXStreet (Bali) - New Zealand employment data came above expectations for Q4 2014, while the unemployment rate aw a significant increase from 5.3% to 5.7%, due to a larger participation rate.
Key headlines
New Zealand Participation Rate: 69.7% (4Q) vs 69%
New Zealand Labour cost index (QoQ) in line with expectations (0.5%) in 4Q
New Zealand Employment Change above expectations (0.8%) in 4Q: Actual (1.2%)
New Zealand Unemployment Rate above forecasts (5.3%) in 4Q: Actual (5.7%)
Key headlines
New Zealand Participation Rate: 69.7% (4Q) vs 69%
New Zealand Labour cost index (QoQ) in line with expectations (0.5%) in 4Q
New Zealand Employment Change above expectations (0.8%) in 4Q: Actual (1.2%)
New Zealand Unemployment Rate above forecasts (5.3%) in 4Q: Actual (5.7%)