Brad Olsen: Infometrics Principal Economist on unemployment figures being expected to grow
Heather du Plessis-Allan Drive · Newstalk ZB
November 5, 20243m 54s
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Show Notes
The Reserve Bank has warned the economic downturn is expected to get worse before it gets better, with unemployment being expected to worsen.
The bank's biannual Financial Stability Report says unemployment will peak at 5.4 percent by 2025.
Infometrics Principal Economist Brad Olsen says there are better economic times on the horizon - but there'll be 6-9 months of pain first.
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Topics
businessunemploymentReserve Bank