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Auckland economy - houses being built but jobs worry

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Auckland house building activity is rising but unemployment remains high. Geoff Cooper, Auckland Council's chief economist, said 4764 residential building consents were lodged in the March year. "While that's down from the 10-year average of 6631, it is up from the year-earlier figure of 3976. This represents the early stages of a construction upswing in Auckland, which will need to continue ...

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