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The unemployment rate in New Zealand for the third quarter was 5.7%, which is expected to be 5.50%, compared with the previous value of 5.60%. The quarterly rate of employment in New Zealand in the third quarter was -0.1%, and the forecast was 0.4%. The previous value was revised from 0.50% to 0.40%. New Zealand's employment participation rate for the third quarter was 70.4%, which is expected to be 70.7%, compared with the previous value of 70.70%. New Zealand's labor cost index quarterly rate for the third quarter was 0.4%. The forecast was 0.5%, compared to the previous value of 0.70%. New Zealand's labor cost index for the third quarter was 2% per annum. The forecast was 2.1%, compared with the previous value of 2.1%.
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The unemployment rate in New Zealand for the third quarter was 5.7%, which is expected to be 5.50%, compared with the previous value of 5.60%. The quarterly rate of employment in New Zealand in the third quarter was -0.1%, and the forecast was 0.4%. The previous value was revised from 0.50% to 0.40%. New Zealand's employment participation rate for the third quarter was 70.4%, which is expected to be 70.7%, compared with the previous value of 70.70%. New Zealand's labor cost index quarterly rate for the third quarter was 0.4%. The forecast was 0.5%, compared to the previous value of 0.70%. New Zealand's labor cost index for the third quarter was 2% per annum. The forecast was 2.1%, compared with the previous value of 2.1%.
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