Scoop has an Ethical Paywall
HiFX Data Update - NZ Q4 Employment Release
The NZ Employment numbers for Q4 have just been
released.
They came in worse than expected:
NZ Employment data for Q4 was:
-
Employment (Q/Q) 0.1%
(consensus +0.3%)
- Employment (Y/Y)
2.3% (consensus +2.6%)
- Unemployment Rate 4.3%
(consensus 4.1%)
- Participation Rate
70.9% (consensus 71.1%)
In addition, Private Ordinary Time Wages were +0.5%/+2.0% (Q/Y), which in on expectations.
The NZD is lower in immediate response.
Current indicative levels are:
NZD-USD 0.6760 / 0.6785
NZD-AUD
0.9520 / 0.9545
NZD-EUR 0.5950 /
0.5975
NZD-GBP 0.5225 / 0.5250
NZD-JPY
74.40 / 74.65
The RBNZ have the OCR meeting and Monetary Policy Statement Wednesday 13th February.
ends
HiFX
International Payments Expertly Done
HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.
HiFX Ltd ABN 54 106 779 953/ AFSL No 240914
Gordon Campbell: On unemployment, Winston Peters’ low boiling point and music criticism
Labour Party: National Gaslights Women Fighting For Equal Pay
The Treasury: New Treasury Paper On The Productivity Slowdown
NZ Government: Government Recommits To Equal Pay
Emily Ireland - Local Democracy Reporter: Deputy Mayor ‘disgusted’ By Response To Georgina Beyer Sculpture
Te Pāti Māori: Māori Unemployment Rate Increases By More Than Four-Times National Rates
Government: Streamlining Building Consent Changes
