Unemployment rate highest in a decade as it rises to 5.4%
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- Unemployment rises to 10 year high of 5.4 percent
- 15,000 jobs added in quarter, but workforce and job hunters grow
- Underutilisation rate steady at five year high of 13 pct
- Youth unemployment rises, more woman in the labour force
- Annual wage growth slows to near five year low of 2 percent
- Data worse than expected, backs the RBNZ holding cash rate steady in two weeks
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RetroFed
Dave
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