The unemployment change for Q3 was 0.8%, an increase from Q2`s 0.5% and bettering the forecasted 0.6%. As expected, the unemployment rate fell to 5.4%, a slight improvement from last month`s 5.6%.
Statistics New Zealand said rising employment is more than keeping up with our growing population. A total of 74 000 more people were employed over the year in contrast with the additional 64 000 people in the population.
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