New Zealand Filled Jobs Rise in May

The seasonally adjusted number of filled jobs across New Zealand industries rose 0.3% month on month to 2.4 million in May, following a 0.1% decrease in the previous month, data from Stats NZ showed on Monday.

Filled jobs in the primary industries remained flat, while goods-producing and service industries rose by 0.1% and 0.4%, respectively.

By industry, the largest increase was in public administration and safety, with filled jobs up 3.9%, or 6,337 jobs, compared with May 2025.

Meanwhile, total gross earnings rose 3.4% in May on an accrual basis compared with May 2025, while total gross earnings for the same month reached NZ$16.6 billion.

Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending July 11

Cargo traffic at the Port of Los Angeles is expected to rise in the week ending July 11, according to data from ship-tracking system Port Optimizer.A total of 141,100 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume reflects an 18% increase from the previous week and a 19% rise from a year earlier.Twenty-six freight vessels are scheduled to arrive at the port in the week ending July 11, the data showed. That compares with 23 vessels scheduled this week and in the week ending July 4.President Donald Trump said in a Truth Social post on Friday that numerous European countries are discussing the imminent implementation of a digital services tax on US companies and warned that any country that proceeds with such a tax will face a 100% US tariff regardless of any previous trade deals.

Kansas City Fed Services Index Falls in June

The Kansas City Federal Reserve's monthly composite services index fell to a reading of 5 in June after rising to 10 in May, suggesting a slower expansion.The other regional services measures already released have indicated a mixed reading.There was a decrease in the Kansas City revenue/sales reading to 3 from 12, while the employment reading decreased to 1 from 5.The reading of selling prices declined to 16 from 20, while the input price index decreased to 51 from 54. A reading above zero indicates growth.

New Zealand Filled Jobs Rise in May

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International2d ago
Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending July 11
Cargo traffic at the Port of Los Angeles is expected to rise in the week ending July 11, according to data from ship-tracking system Port Optimizer.A total of 141,100 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume reflects an 18% increase from the previous week and a 19% rise from a year earlier.Twenty-six freight vessels are scheduled to arrive at the port in the week ending July 11, the data showed. That compares with 23 vessels scheduled this week and in the week ending July 4.President Donald Trump said in a Truth Social post on Friday that numerous European countries are discussing the imminent implementation of a digital services tax on US companies and warned that any country that proceeds with such a tax will face a 100% US tariff regardless of any previous trade deals.

International2d ago
St. Louis Fed US Q2 GDP Nowcast Estimate 1.258% Gain vs Previous 1.429% Gain

International2d ago
Kansas City Fed Services Index Falls in June
The Kansas City Federal Reserve's monthly composite services index fell to a reading of 5 in June after rising to 10 in May, suggesting a slower expansion.The other regional services measures already released have indicated a mixed reading.There was a decrease in the Kansas City revenue/sales reading to 3 from 12, while the employment reading decreased to 1 from 5.The reading of selling prices declined to 16 from 20, while the input price index decreased to 51 from 54. A reading above zero indicates growth.