Economic Analysis – Kiwi labour market remains soft as spare capacity stays elevated – Kiwibank
Source: Kiwibank New labour market figures show the job market remains under pressure, with spare capacity staying elevated and wage growth subdued. The latest Statistics New Zealand data shows the unemployment rate fell slightly to 5.3% from 5.4% in the March quarter. The participation rate fell to 70.4%, while the size of the labour force … Read more