NZ's unemployment rate continues to rise
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The latest unemployment figures for the three months to September 30th have been released by Stats NZ. They show the rate continues to rise and is now sitting at 4.8%, up from 4.6% in the June quarter.
Annual wage growth also slowed, down to 3.8% from 4.3%.
Infometrics Chief Executive and Principal Economist Brad Olsen explains what all this means.
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