The unemployment rate in New Zealand came in at a seasonally adjusted 5.3 percent in the first quarter of 2026, Statistics New Zealand said on Wednesday.
That was beneath forecasts for 5.4 percent, which would have been unchanged from the previous three months.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.