Unemployment static at 5.1% in March quarter
The central bank and economists had broadly expected a slight rise in a difficult economy.
Construction has felt the pinch from last year's recession.
New Zealand’s unemployment rate has stayed the same, against expectations of a lift in a sluggish economy.
Statistics NZ data today showed the seasonally adjusted unemployment rate was 5.1% in the March quarter, unchanged from the December quarter.
The RBNZ’s February Monetary Policy Statement
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