WELLINGTON, Nov 4 (Reuters) - New Zealand's unemployment rate rose to 6.0 percent in the third quarter, while wages rose moderately, according to data released by Statistics New Zealand on Wednesday.
Economists polled by Reuters had forecast an unemployment rate of 6.0 percent and employment growth of 0.4 percent, and wages to rise 1.9 percent on the year. ---------------------------------------------------------------- (Seasonally adjusted; revised from in brackets)
Q3 2015
Pvs qtr
Yr ago qtr
Unemployment rate (pct)
6.0
5.9
5.6
Unemployed
151,000
148,000
136,000
Employed (mln)
2.34
2.35
2.31
Participation rate (pct) 68.6
69.3
68.8 ---------------------------------------------------------------- (pct change on pvs qtr) (s/adj)
Q3 2015
Pvs qtr
Yr ago qtr
Employment growth
-0.4
+0.2(+0.3) +1.1
Part time employment
-4.1
+0.5(+0.8) +0.2
Full time employment
+0.2
+0.4(+0.4) +0.9
Hours worked
+0.4
-0.3(-0.4) +0.1 --------------------------------------------------------------- Private sector salary & ordinary time wages (ex-overtime) (pct change)
Q3 2015
Pvs qtr
Yr ago
Vs prev qtr:
+0.4
+0.5
+0.5
Vs yr ago qtr:
+1.7
+1.8
+1.9 -------------------------------------------------------------- Total salary & ordinary time wages (ex-overtime) (pct change)
Q3 2015
Pvs qtr
Yr ago
Vs prev qtr:
+0.4
+0.5
+0.5
Vs yr ago qtr:
+1.6
+1.6
+1.7 -------------------------------------------------------------- The full data is available at http://www.stats.govt.nz Fourth quarter labour market reports will be released on Feb 3 2016.