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Berita dagangan
2 May 2018
New Zealand jobs preview - ANZ
Analysts at ANZ explained that that today’s labour market data are expected to confirm the continuing theme of a “tight” labour market but subdued wage inflation.
Key Quotes:
"Employment growth is due for a weaker quarter (+0.3% q/q), following very strong outturns recently."
"The unemployment rate is expected to be broadly flat, but has been trending lower."
"We expect a tick up to 4.6% from 4.5%, with the participation rate flat at 71%."
"This is consistent with a “tight” labour market. Nonetheless, wage inflation is expected to remain subdued, with LCI private sector wages expected to increase just 0.4% q/q, 2.0% y/y. We expect wage inflation will increase in time, but gradually."