Wage growth still slowing, as labour demand falls

Announcement by NZ Herald - 2nd of February 2010 - 12:15 PM

Wages and salaries rose by 1.9 per cent in the year to the December
quarter, says Stats NZ, the lowest annual growth since June 2001.

The Labour Cost Index released today shows the decline in wage growth continued last year, with falls for the past 15 months.

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