New Zealand unemployment rate hits 11-year high
Story essentials
Statistics New Zealand, Reserve Bank of New Zealand
New Zealand
August 5, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/5/2026, 4:30:37 AM
New Zealand's jobless rate rose to 5.6% in the second quarter. The increase is attributed to global energy shocks affecting company profits. Wage inflation accelerated for the first time in three years.
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