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…
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Wellington, April 21 (IANS) New Zealand will provide targeted financial support to small, rural and isolated schools to ease pressure from rising fuel costs, a senior official has said. “Global fuel price volatility is hitting some schools harder than others, particularly those that rely on diesel and where students face longer distances when travelling to and from school,” Education Minister Erica Stanford said in a statement.The government will invest 37 million NZ dollars to replace diesel bo…
Wellington, Feb 4 (IANS) New Zealand’s unemployment rate rose to 5.4 per cent in the December 2025 quarter, the highest since the September 2015 quarter when it was 5.7 per cent, Stats NZ reported Wednesday. The unemployment rate of 5.4 per cent was up from 5.3 per cent in the previous quarter, said the statistics department, Xinhua News Agency reported.The number of unemployed people rose by 5,000 to 165,000 over the quarter, while both employment and participation in the labour market increase…