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Brad Olsen: Infometrics principal economist on Stats NZ revealing unemployment rate reached 3.6 percent for three months to June

Brad Olsen: Infometrics principal economist on Stats NZ revealing unemployment rate reached 3.6 percent for three months to June

Heather du Plessis-Allan Drive · Newstalk ZB

August 2, 20233m 52s

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Show Notes

Unemployment is rising - but remains historically low - as the election approaches.

New Stats NZ figures show the unemployment rate reached 3.6 percent for the three months to June.

That's up 0.2 percent, from 3.4 percent in the preceding quarter.

Infometrics principal economist Brad Olsen says these figures indicate that the start of recession-influenced unemployment is upon us.

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Topics

unemploymentrecessionStats NZ