NZD/USD: unemployment in New Zealand remains relatively low

<p>Today at 21:45 (GMT) will be published data from the labor market of New Zealand. It is expected that unemployment in New Zealand declined in the second quarter by 0.1% to 4.8%.<br> At levels below 5% unemployment in the country was in the period from 2003...</p> <p>The post <a rel="nofollow" href="http://fastforexprofit.com/2017/08/01/nzdusd-unemployment-in-new-zealand-remains-relatively-low/">NZD/USD: unemployment in New Zealand remains relatively low</a> appeared first on <a rel="nofollow" href="http://fastforexprofit.com/">fastforexprofit.com, الفوركس بالنسبة لك</a>.</p> <p>The post <a rel="nofollow" href="http://forex.wine/nzdusd-unemployment-in-new-zealand-remains-relatively-low/">NZD/USD: unemployment in New Zealand remains relatively low</a> appeared first on <a rel="nofollow" href="http://forex.wine/">Forex news forex trade</a>.</p>

Today at 21:45 (GMT) will be published data from the labor market of New Zealand. It is expected that unemployment in New Zealand declined in the second quarter by 0.1% to 4.8%.

At levels below 5% unemployment in the country was in the period from 2003 to 2008. Nevertheless, unemployment of 4.9% is a significant improvement compared to the peak of 6.7% achieved after the financial crisis. The decrease in the unemployment rate and the increase in the labor force share in the total population (70.7% in the second quarter versus 70.6% in the first quarter) indicate a decrease in available resources in the labor market, which may finally lead to an increase in the level of salaries in the country, Stimulating domestic demand and GDP growth. If the data is confirmed, this will have a positive effect on the New Zealand currency.

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