Latest Abby Johnston News & Updates

Wellington, May 6 (IANS) New Zealand’s unemployment rate eased to 5.3 per cent in the March 2026 quarter from 5.4 per cent in the December 2025 quarter, Stats NZ said on Wednesday. The statistics department reported the number of unemployed falling to 163,000 in the March 2026 quarter from 165,000 in the December 2025 quarter, with the employment rate standing at 66.7 per cent, reports Xinhua news agency.The underutilisation rate, a broader measure of untapped labour market capacity than unemplo…