Global Economic News

New Zealand Unemployment Rate Climbs To 5.3% In Q3

The jobless rate in New Zealand came in at a seasonally adjusted 5.3 percent in the third quarter of 2020, Statistics New Zealand said on Wednesday.

That beat expectations for 5.4 percent, although it was still up sharply from 4.0 percent in the three months prior - representing the biggest quarterly increase on record.

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by RTTNews Staff Writer

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