New figures out this morning will reveal just how much the tight job market is driving inflation pressure in the economy.

The latest official unemployment rate is being released at 10.45am.

Some economists expect the rate to dip back down to a record low, with wage growth continuing to accelerate.

But Westpac Acting Chief Economist Michael Gordon told Kate Hawkesby he expects the unemployment rate to remain steady at 3.3 percent.

LISTEN ABOVE

New figures out this morning will reveal just how much the tight job market is driving inflation pressure in the economy.
The latest official unemployment rate is being released at 10.45am.
Some economists expect the rate to dip back down to a record low, with wage growth continuing to accelerate.
But Westpac Acting Chief Economist Michael Gordon told Kate Hawkesby he expects the unemployment rate to remain steady at 3.3 percent.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.