The jobless rate in New Zealand came in at a seasonally adjusted 3.9 percent in the third quarter of 2018, Statistics New Zealand said on Wednesday.That was well beneath expectations for 4.4 percent and down sharply from 4.5 percent in the three months prior.It's also the lowest unemployment rate since the second quarter of 2008.Employment saw an increase of 2.8 percent on year - exceeding expecta...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.