Bay of Plenty unemployment falls, but remains above the national average
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Bay of Plenty’s unemployment rate fell to 5.8% in the June quarter from 7.2% in the March quarter.
- Despite the decline, the region recorded the country’s third-highest unemployment rate.
- High living costs are driving more people to seek work than the number of available jobs.
Bay of Plenty’s unemployment rate dropped to 5.8% in the June quarter from 7.2% in the March quarter, according to Stats NZ figures.
The region nevertheless recorded the third-highest unemployment rate in the country. High living costs are driving more people to seek work than the number of available jobs.
Originally published by NZ Herald in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.