Statistics New Zealand has this morning released its labour force data for the June quarter, with the unemployment rate falling to 4.8% from 4.9%. The key changes are outlined in the below table:
As shown above, employment fell by 0.2% in the June quarter to be up 3.1% over the year, whereas the labour force participation rate fell by 0.6% to 70.0% (up 0.3% over the year).
