Surprise rise in unemployment in New Zealand

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Surprise rise in unemployment in New Zealand


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Old 18th February 2011, 10:00 AM
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Arrow Surprise rise in unemployment in New Zealand

New Zealand saw an unexpected rise in unemployment at the end of last year but it was mostly due to the loss of part time jobs and officials expect it to rise moderately in coming months. The country’s labour market recovery slowed over the December quarter with the unemployment rate rising to 6.8%. Young people [...]

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Old 19th February 2011, 04:31 PM
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Don't forget you have to take into account the many school leavers & uni students who often look for work during their 4 month break from uni.

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Old 23rd February 2011, 03:45 AM
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No its because of the loss of part time jobs read the quote, besides which unemployment figures are usually seasonally adjusted. Its the part time work that puts a lot of the food
on tables in Kiwi homes.

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