Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Employment Change was 0% against a forecast of 0.1%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Labour Cost Index (QoQ) | Bearish change | 0.6% | 0.5% | ||
| Participation Rate | Bearish change | 70.5% | 70.3% | ||
| Unemployment Rate | Bearish change | 5.2% | 5.3% | ||
| Building Permits s.a. (MoM) | Bullish change | 6.1% | 7.2% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |