New Zealand jobless rate remains low, wage inflation hits record
Source: Reuters
WELLINGTON, Nov 2 (Reuters) - New Zealand's jobless rate held at 3.3% in the third quarter, and wage inflation hit its highest level on record, adding to expectations the central bank will increase interest rates by a historic 75 basis points at its next meeting.Unemployment in New Zealand was sitting at 3.3% in the third quarter, while an increase in the number of people looking for work saw employment surge…