Unemployment falls to 4 per cent
Nine To Noon
English - August 03, 2021 22:55 - 5 minutes - 5.3 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The unemployment rate has fallen to four per cent in the three months ended June, down from 4.7 pct in the previous quarter. Wages grew at an annual rate of 2.2 percent. This is the second quarter the jobless rate has fallen and was widely predicted by pundits who see the economy continuing to rebound. RNZ's Business Editor Gyles Beckford says it will put more pressure on the Reserve Bank over raising interest rates.