Jobs report from New Zealand for the April to June quarter of 2019.
Unemployment rate: 3.9% HUGE BEAT!!!
- expected 4.3%, prior was 4.2%
Employment change 0.8% q/q ditto - huge beat
- expected 0.3%, prior was -0.2%
Employment change 1.7% y/y ….. ditto beat
- expected 1.2%, prior was 1.5%
Participation rate 70.4%
- expected 70.4%, prior was 70.4%
Average hourly earnings 0.8% ..... ditto beat
- expected 0.5%, prior was 1.1%
Private wages including overtime 0.8% ..... ditto beat
- expected 0.7%, prior was 0.3%
Private wages excluding overtime 1.1% ..... ditto beat
- expected 0.7%, prior was 0.3%
NZD jumps
