New Zealand Unemployment Rate comes in at 3.9% in Q3 versus 3.6% prior

The New Zealand Unemployment Rate in the third quarter (Q3) climbed to 3.9% from 3.6% in the second quarter, according to data published by Statistics New Zealand on Wednesday. The market consensus was a 3.9% print in the reported period.

Market reaction

The NZD/USD pair is trading lower on the day at 0.5809, as of writing.