Unemployment rises to 6.8%
Statistics NZ has just released the Household Labour Force Survey for June 2010 and it’s grim reading, with an astonishing increase in the unemployment rate from 6.0% to 6.8%.
Maori unemployment is now up to 16.4%, Pacific unemployment is at 14.1% and there’s been a 70% increase in long-term unemployment to 37,600.