The unemployment rate ticked up to 3.9 per cent in the year to September 30, from 3.6 per cent previously. Photo / 123RFThe unemployment rate rose, the employment rate fell and the rate of wage growth eased in Stats NZ’s latest Household Labour Force survey. The official unemployment rate rose to 3.9 per cent in the year to September 30, from 3.6 per cent previously. The employment rate fell to 69.1 per cent from a high of 69.8 per cent last quarter. “That still signals strong participation in the labour market, but quite a significant easing.

Source: New Zealand Herald November 01, 2023 21:10 UTC