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Kiwi workers in hot seat as unemployment down, wages up
New Zealand workers have had their biggest payrise in ten years, new data shows. Stats NZ has released its latest labour market data, which shows average hourly earnings increased 4 per cent over the past year to $32.37 an hour. That is the largest year-on-year percentage increase since June 2009. The minimum wage will continue to rise in annual increments, reaching $20 an hour by 2021. Private sector salary and wage rates rose 0.8 per cent for the June 2019 quarter, following a rise of 0.3 per cent in the March 2019 quarter. The impact of the minimum wage change on industry groups was most significant in retail ... (full story)