UPDATE: Rise in NZ unemployment won't ruffle central bank feathers

UPDATE: Rise in NZ unemployment won't ruffle central bank feathers
Rebecca Howard
(Recasts and adds economists' comments) By Rebecca Howard Feb. 1 (BusinessDesk) –  New Zealand’s unemployment rate pushed back above 5 percent on the back of an ongoing surge in net migration but the news is unlikely to ruffle any feathers at the central bank as the labour market remains robust.     The unemployment rate rose to 5.2 percent in the three months ended Dec. 31 from a revised 4.9 percent in the September quarter, Statistics New Zealand said. Economists had been expecting the unemployment rate to ease back to 4.8 percent....