New Zealand Sees Record Exodus of Citizens as Economy Struggles

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New Zealand is experiencing a record exodus of citizens as a sluggish economy reduces job opportunities.

Some 78,200 citizens departed in the year through March, Statistics New Zealand said Tuesday in Wellington. That’s up from 74,900 in the year through February. Adjusting for citizens returning home, net departures rose to a record 52,500, surpassing 50,000 for the first time, the statistics agency said.