New Zealand unemployment rises

Source: Bloomberg
New Zealand's jobless rate increased to 2-year high in Q2 indicating a slow economic recovery. According to Statistics New Zealand, the unemployment rate rose to from 6.7% in Q1 to 6.8%, while employment declined by 0.1% or 2000 jobs from Q1, when it rose 0.4%. The Kiwi fell to 81.11 U.S. cents. 

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