The latest Roy Morgan employment series data shows unemployment increasing by 1.9% points to 9.7% in April - the biggest monthly increase since the initial stages of the pandemic just over two years ago. However, under-employment was unchanged at 8.4% in April.
The latest Roy Morgan employment series data shows unemployment dropping to its lowest since the pandemic began, down 0.7% points to 7.8% - the lowest since October 2019. However, under-employment increased by almost as much and was up 0.6% points to 8.4%.
ANZ-Roy Morgan New Zealand Consumer Confidence dropped another 4 points in March to 77.9, a fresh record low in data that data began in 2004. Inflation expectations rose to 6%. House price inflation expectations eased from 4.8% to 2.7%, and are lowest in Wellington (0.7%).
The latest Roy Morgan employment series data shows 1.2 million Australians were unemployed in January, down 51,000 on December (8.2% of the workforce), and a further 1.23 million Australians (8.4% of the workforce) were under-employed, down 198,000 (down 1.4% points).