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Rate rise higher than expected

Wellington : New Zealand | about 1 month ago  
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Teenagers are bearing the brunt of the jobs recession, with one in four out of work and a huge leap in competition among university students for work. Unemployment has jumped from 6 per cent to 6.5 per cent in the September quarter, worse than expected by economists and the Reserve Bank.
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  • News Source: Canadian Broadcasting Corporation | about 1 month ago
    The U.S. unemployment rate rose 10.2 per cent in October from 9.8 per cent, as non-farm payroll employment declined by 190,000. Canada's unemployment rate rose slightly in October, with the economy shedding 43,200 jobs in the month. Finance...
  • News Source: New Zealand Herald | about 1 month ago
    It is up from 6 per cent in June and higher than the 6.4 per cent the market and Reserve Bank were expecting. Economists saw the data as likely to reinforce the bank's view that it can wait until the second half of next year before raising the...
  • News Source: Wellington Dominion | about 1 month ago
    Teenagers are bearing the brunt of the jobs recession, with one in four out of work and a huge leap in competition among university students for work. Unemployment has jumped from 6 per cent to 6.5 per cent in the September quarter, worse than...
  • News Source: New Zealand Herald | about 1 month ago
    The unemployment rate has risen to a nine-year high of 6.5 per cent in the September quarter, with new figures showing the young, Maori and Pacific Islanders bearing much of the impact. The rise was from an unemployment rate of 6 per cent in the June...
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  • Blog Source: tumeke.blogspot.com
    Unemployment hits 6.5%. Number of unemployed hits 15-year high. Unemployment has jumped from 6 per cent to 6.5 per cent in the September quarter. The number of unemployed rose by 12000 to reach 150000 people Statistics New Zealand said. ...
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    Unemployment hit double digits for the first time in 26 years as more than 558000 lost jobs in October. The jobless rate went from 9.8% to 10.2%, a leap that quadruples the increase from August to September and indicates a ...
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