Economists will be scratching their heads today, over unbudging unemployment figures
Economists will be scratching their heads today, over unbudging unemployment figures
7 May 2025
Stats NZ says the unemployment rate's stayed unchanged at 5.1 percent in the three months ending March.
Forecasters had predicted a rise to 5.2.
Herald Business Editor at Large, Liam Dann, says this is good news.
He says it could be a while before it peaks or the peak could be slightly lower than expected.
The number of full-time workers fell 45 thousand over the year, and part-time employment grew by 25 thousand.
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