Monday, May 7, 2007

New Zealand Employers Probably Added 10,000 Workers During First Quarter

(Bloomberg) -- New Zealand employers probably added workers for the first time in three quarters, keeping the jobless rate close to a record low and adding to inflation pressure.

Companies added about 10,000 workers in the first quarter after shedding 12,000 jobs in the second half of 2006, according to the median forecast of 12 economists surveyed by Bloomberg News. The jobless rate probably rose to 3.8 percent. The report will be released at 10:45 a.m. on May 10 in Wellington.


Read more at Bloomberg Bonds News

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