The jobless rate in New Zealand came in at a seasonally adjusted 4.2 percent in the first quarter of 2020, Statistics New Zealand said on Wednesday.
That was up from 4.0 percent in the three months prior, although it beat expectations for 4.3 percent.
The employment change was roughly flat on quarter - the same as in the previous three months and again beating expectations for a decline of 0.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.