MR - Experts Views

Labour growth results in strong consensus for June hike

Friday 7th of May 2010

In the BNZ Weekly Overview, economist Tony Alexander says the quarterly Household Labour Force Survey data showed a labour market in far better shape than anyone thought.

Job numbers rose 1% during the quarter (22,000 people), rather than firming just 0.2% as had been the common expectation.

The unempl...

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