NZ First Impressions: Labour Market Surveys, Q1 2024

The New Zealand labour market is softening, but government pay agreements have continued to hold up overall wage growth.
- Unemployment rate: 4.3% (prev: 4.0%, Westpac f/c: 4.2%, RBNZ f/c 4.2%)
- Employment change (quarterly): -0.2% (prev:
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