Story perspectives
New Zealand Job Growth Stalls Amid Economic Concerns
5/1/2025
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Story summary
- New Zealand's labour market experienced a modest 0.2% increase in the Monthly Employment Indicator (MEI) in March 2025.
- Economists warn that job growth is unstable, especially for young workers and in urban regions.
- Westpac NZ senior economist Michael Gordon notes that employment trends have remained stagnant over the last six months.
