Unemployment rate hits decade-high at 5.4%
Feb 4, 2026
New Zealand
economy
New Zealand
economy
New Zealand's unemployment rate has reached a decade-high of 5.4%, impacting youth and women significantly.
Unemployment Rate Hits Decade-High
New Zealand's unemployment rate has reached a ten-year high of 5.4%, signaling economic challenges. While 15,000 jobs were created in the latest quarter, the number of job seekers exceeds available positions, particularly affecting youth and women.
By news
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