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New Zealand Labour Market Statistics: December 2017 quarter
Labour market statistics provide a picture of the New Zealand labour market, including unemployment and employment rates, demand for labour, and changes in wages and salaries. Key facts • Labour market at a glance • Unemployment rate fell to 4.5 percent. • Underutilisation rate rose to 12.1 percent. • Employment rate remained unchanged at 67.8 percent. • Filled jobs rose 0.3 percent. • Average ordinary time hourly earnings increased to $30.68. • Annual wage inflation increased 1.8 percent. In the December 2017 quarter, the seasonally adjusted unemployment rate fell to 4.5 percent (down 0.1 percentage ... (full story)