Surprise! New Zealand’s Q4 Unemployment Rate Beats Expectations at 4.0% – Who’s Laughing Now?
Unexpected Job Growth and Unemployment Rates in New Zealand Surprising Data and Market Reaction Prior to the recent data release in New Zealand, expectations were relatively muted. The job growth was projected to increase by 0.3%, but the actual numbers showed a higher increase of 0.4%. This unexpected uptick in employment numbers caught many analysts…