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NZD Household Labour Force Survey: March 2012 quarter
The unemployment rate rose to 6.7 percent in the March 2012 quarter, Statistics New Zealand said today. This is up from a revised figure of 6.4 percent last quarter. The labour force grew by 18,000, with 9,000 more people employed as well as 9,000 more people unemployed in the March 2012 quarter. “We saw increases in both the number of people in work and the number out there looking for work in the March 2012 quarter. This meant participation in the labour force rose to the highest level since its peak just over three years ago,” industry and labour statistics manager Diane Ramsay said. The employment rate (the ... (full story)
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