Building on the positive news from Auckland's recent economic update, today’s labour market data offers more encouraging signs.

Stats NZ has reported that unemployment remains steady at 5.1% for the March 2025 quarter, matching last quarter’s figures and outperforming predictions from Treasury and the Reserve Bank.

The report also revealed that average hourly wages have risen by 4.5% over the past year, further highlighting the economic stability.

Finance Minister Nicola Willis spoke on the results, emphasising the importance of continued fiscal discipline.

She acknowledged that many are still feeling the strain of the economy but reassured that the upcoming Budget on May 22 will be a responsible step towards ensuring long-term economic growth.

This ongoing positive trend is significant for the Hibiscus Coast community, with stable unemployment and wage growth benefiting local workers and businesses alike.

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