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Unemployment figures continue to confound economic forecasts

Construction recorded significant rise in employment; tourist-related industries experienced job losses.

Brent Edwards Wed, 03 Feb 2021

In another sign the economy has not been as badly hit by the Covid-19 pandemic as many feared, unemployment dropped during the three months to the end of December.

The unemployment rate fell from 5.3% in the September quarter to 4.9% in the December quarter. Most economists had been picking an

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Brent Edwards Wed, 03 Feb 2021
Contact the Writer: brent@nbr.co.nz
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Unemployment figures continue to confound economic forecasts
Politics,
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