The official unemployment rate has risen to 4.2 per cent for the year's first quarter
The official unemployment rate has risen to 4.2 per cent for the year's first quarter
6 May 2020
The number's lower than economists predicted - but is widely expected to rise sharply to between 8 and 10 per cent by the end of the year.
Stats NZ says it shows the economy was in strong shape heading into the Covid-19 lockdown.
Labour market and household statistics senior manager Sean Broughton says the impact of Covid-19 on the labour market should be clearer in the June quarter.
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