Jobless rate falls below 5%, Labour looks for holes in data
UPDATED: Labour still finds negatives but its hard to argue with the data. With special feature audio.
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New Zealand's unemployment rate fell below 5% for the first time since December 2008 as employers took on more staff than expected, although that didn't spur wages to rise at a faster pace. The kiwi dollar rose on the figures.
The unemployment rate fell to 4.9% in the three months ended
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Paul McBeth and Jason Walls
Wed, 02 Nov 2016
Wed, 02 Nov 2016
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Jobless rate falls below 5%, Labour looks for holes in data
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