RESEND: NZ dollar gains as employment figures point to strengthening labour market

Wed, 05 Nov 2014

(Adds dropped word in third paragraph.) By Paul McBeth Nov. 5 (BusinessDesk) - The New Zealand dollar rose more than half a US cent after government figures showed growing strength in the labour market as local employers soak up an increased supply of new migrants and returning kiwis. The kiwi dollar recently traded at 78.37 US cents from 77.68 cents immediately before the release. New Zealand's unemployment rate fell to 5.4 percent in the September quarter, from 5.6 percent in the June period, with 0.8 percent employment growth outpac...

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