The unemployment rate has dropped to its lowest point since the start of the Global Financial Crisis
The unemployment rate has dropped to its lowest point since the start of the Global Financial Crisis
3 November 2021
Figures released by Stats NZ for the third financial quarter show it's the lowest rate on record, matching December 2007.
Employment is at an all time high of 68 point 8 percent.
ANZ chief economist Sharon Zollner says unemployment has fallen more than anticipated.
She says it's despite more people joining the labour force - so it shows just how strong labour demand is.
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