New Zealand’s labour market is mixed in the fourth quarter, while the participation rate reaches the highest level since March 1986

Market news

4 February 2015

New Zealand’s labour market is mixed in the fourth quarter, while the participation rate reaches the highest level since March 1986

Statistics New Zealand released its labour market data on late Tuesday. The unemployment rate in New Zealand increased to 5.7% in the fourth quarter from 5.4% in the third quarter, missing forecasts for a decline to 5.3%.

The participation rate rose to 69.7% in the fourth quarter from 69.0% in the previous three months, the highest rate since March 1986.

Employment increased 1.2% in the fourth quarter, beating expectations for 0.8% rise, after a 0.9% gain in the third quarter. The third quarter's was revised up from 0.8% increase.

Orders

European stock markets mid-session: indices slightly decline after yesterday’s rally

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.