N.Z. 2Q Unemployment rate 6.8% (vs. forecast of 6.5%

  • 2Q employment falls 0.1% from previous quarter .
  • N.Z . 2Q participation rate falls to 68.4% vs. 68.7% .
  • 2Q full-time employment rises 0.8% from previous quarter.
  • 2Q part-time employment falls 3.4% from previous quarter .
  • 2Q hours worked rises 0.5 % from previous quarter.

KIWI got slammed , trading down to the 0.8110 level from 0.8160 before the number .

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