7 Aug 2024

Unemployment rate rises to 4.6 per cent

From Nine To Noon, 9:08 am on 7 August 2024

The unemployment rate rose to 4.6 per cent in the June quarter, up from 4.3 per cent in the previous quarter. Over the year, unemployment rose by 33,000 to 143,000. Economists had expected a rise with most picking it to land at 4.7 per cent. This data is the last to land before the Reserve Bank decides what to do with interest rates at its next meeting next Wednesday. Paddy speaks with RNZ's business journalist Anan Zaki.

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