Economic Buzz: New Zealand Unemployment Rate Eases To 4.4% In Q1

New Zealand unemployment rate came in at a seasonally adjusted 4.4 percent in the first quarter of 2018, Statistics New Zealand said on Wednesday, down from 4.5 percent in the three months prior. The employment change was 0.6 percent on quarter and 3.1 percent on year. The participation rate eased to 70.8 percent, down from the downwardly revised 70.9 percent in Q1 (originally 71.0 percent).