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Market Commentary and Intraday News

NZ Wages Rise In Q2

289 days ago

(RTTNews) - Salary and wage rates in New Zealand, including overtime, increased 2.0 percent on year in the June 2012 quarter, Statistics NZ reported Tuesday.

For the June 2012 quarter alone, salaries and wages increased 0.4 percent.

The Quarterly Employment Survey showed average hourly earnings, excluding overtime, rose 2.9 percent on year.

The survey also showed the number of filled jobs increased 0.7 percent for the quarter. Total paid hours increased 2.1

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