Unemployment Still Rising

November 9, 2012 New Zealand Finance

workersMore and more New Zealanders are not in full time employment, and joblessness has hit the highest level in over a decade.

On November 8th Statistics New Zealand released Household Labour Force Survey report for the September quarter, showing that unemployment levels in New Zealand had reached 7.3 percent, compared to a level of 6.8 percent in the previous quarter.

Approximately 13 000 more people were unemployed in the September quarter than in the previous three months, with 10 000 more men and 3 000 more women without work.

The number of people in employment also dropped by approximately 8 000 individuals.

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