NZ drops from 1st to 10th

In December 2005 New Zealand had the lowest unemployment rate in the OECD.

In three years it has dropped to 10th equal.

Over the same period the OECD unemployment average only moved from 6.4 to 6.5 percent. Of course that small average percentage increase masks the absolute increase, given some of the really large employers (US, UK and Germany) all have significantly rising unemployment.