Falling unemployment figures should be taken with a grain of salt
Matt Heath & Tyler Adams Afternoons · Newstalk ZB
August 5, 20208m 57s
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Show Notes
An economist says falling unemployment rates should be taken with a grain of salt.
Stats NZ figures show unemployment stands at four percent for the June quarter - down from 4.2 per cent in the previous quarter.
The June quarter includes all four levels of the country's Covid-19 lockdown.
Economist Cameron Bagrie told Simon Barnett and Phil Gifford one parameter to be considered unemployed is that you're actively seeking work for at least four weeks.
LISTEN ABOVE
Stats NZ figures show unemployment stands at four percent for the June quarter - down from 4.2 per cent in the previous quarter.
The June quarter includes all four levels of the country's Covid-19 lockdown.
Economist Cameron Bagrie told Simon Barnett and Phil Gifford one parameter to be considered unemployed is that you're actively seeking work for at least four weeks.
LISTEN ABOVE
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