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Financial News: New Zealand Jobless Rate Slips To 4.4% In

New Zealand Jobless Rate Slips To 4.4% In Q1

05/01/2018 - 18:55:00 (RTTNews)

(RTTNews) - The unemployment rate in New Zealand came in at a seasonally adjusted 4.4 percent in the first quarter of 2018, Statistics New Zealand said on Wednesday.

That was in line with expectations and down from 4.5 percent in the three months prior.

The employment change was 0.6 percent on quarter and 3.1 percent on year.

The participation rate eased to 70.8 percent, down from the downwardly revised 70.9 percent in Q1 (originally 71.0 percent).

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