
Liam Dann: NZ Herald Business Editor on the unemployment rate remaining at 5.1%
The unemployment rate has stayed static for another quarter.
Stats NZ figures just out show the rate remained at 5.1% in the March quarter.
The number of full-time workers fell by 45 thousand over the year and part-time employment grew by 25 thousand.
Herald Business Editor at Large Liam Dann told Kerre Woodham today's figures are a surprise.
He says this is good news but it hasn't felt like it, and economists will be scratching their heads.
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