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Economics
3 mins to read

Unemployment rate rises to 3.9%

Faster than expected, slightly above the RBNZ's August Monetary Policy Statement forecast.

Unemployment has risen slightly faster than expected, hitting 3.9% in the September quarter.

That’s above 3.6% recorded in the June quarter, and the 3.4% recorded in the March quarter.

The RBNZ’s August Monetary Policy Statement had expected unemployment to rise to 3.8%, before jumping to 4.4% at

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Unemployment rate rises to 3.9%
Economics,
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