NZ Labour Market Steady Despite Inflation Concerns

The New Zealand labour market review chartpack for Q2 2026 has been released by Westpac IQ. The report provides an overview of the current state of the labour market in New Zealand, including key statistics and trends.

According to the report, employment rates have remained steady, while unemployment rates have decreased. However, there are concerns about the impact of inflation on wages and living standards.

The report highlights the need for policies that address the increasing cost of living and promote sustainable economic growth. Westpac IQ emphasizes the importance of considering the long-term effects of current economic decisions and policy choices.