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NickTuffley

Unemployment rate shocks again at just 4.0%, OCR hikes predicted

Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases

4th Aug 21, 11:01am

by David Hargreaves

Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases

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