Unemployment in New Zealand rose to 7.3% in the fourth quarter of last year higher than analysts' estimates of 6.8%, while it was 6.5% in the third quarter. Employment change (QoQ) fell 0.1% in 4Q from -0.8% in the previous three months, and it came meeting forecasts. On yearly basis, employment change declined 2.4% following a drop by 1.8%, and it was anticipated to fall 2.5%.