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New Zealand Job Market Weakens: 0.1% Decline in April

5/29/2025

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Story summary
  • New Zealand's labour market weakened in April, with a 0.1% decrease in filled jobs from March.
  • Stats NZ's Monthly Employment Indicator (MEI) adjusted previous months' figures, revealing a 0.3% overstatement.
  • The data suggests a flat-to-declining trend in job growth, as noted by Westpac NZ's senior economist, Michael Gordon.