Statistics NZ is reporting the unemployment rate has dropped to 5.3%.
It was 6 percent in the September 2015 quarter.
This is the lowest unemployment rate since March 2009.
A quick round-up from tables:
Female unemployment dropped more than male
Big fall for the 20-24 age group but small rise for 15-19
Drops for all ethnicities especially Pacific falling from 13.1 to 9.7%
Big fall in Northland from 8.2 to 6.2%
Only region showing an increase - 4.2 to 4.5% - is Otago
Ag, forestry and fishing recorded biggest employment increase in terms of numbers, followed very closely by construction
Internationally NZ moves from ranking 15th to 10th= in OECD
Bad news for Labour.
Unemployment has been considered one of National's few points of vulnerability.
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