N.Z. Jobless Rate Rises to Two-Year High of 6.8%; Kiwi Falls

N.Z. Jobless Rate Rises to Two-Year High of 6.8%; Kiwi Falls

Mark Coote/Bloomberg

From a year earlier, employment increased by 0.6 percent or 13,000 jobs, the smallest annual gain in two years, today’s report showed. The jobless rate rose to its highest since the second quarter of 2010.