2 Nov 2022

Unemployment stays near record low

From Nine To Noon, 11:05 am on 2 November 2022

Unemployment has remained unchanged at 3.3 percent in the three months ended September. 

Average wages have risen strongly, growing 2.6 per cent in the three months ending on September 30. 

What does this mean in terms of potential for further aggressive rate rises by the Reserve Bank? Kathryn speaks to RNZ Business Editor Gyles Beckford.

AUCKLAND, NZ - MAY 29:Traffic on Queen street  on May 29 2013.It's a major commercial thoroughfare in the Auckland CBD, New Zealand's main population center.

Photo: 123rf.com