Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is high.
There is no forecast value for Employment Change yet - check back for updates.
The most recent announced value for Employment Change was -0.1% against a forecast of 0.4%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Labour Cost Index (QoQ) | Bearish change | 0.7% | 0.4% | ||
| Participation Rate | Bearish change | 70.6% | 70.4% | ||
| Unemployment Rate | Bearish change | 5.6% | 5.7% | ||
| Building Permits s.a. (MoM) | Bearish change | 5.6% | -7.9% | ||
| RBNZ Interest Rate Decision | (no change) | 2.75% | 2.75% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Labor Market |
| Frequency: | Quarterly |