Nick Tuffley: ASB Chief Economist ahead of the unemployment figures forecast
The Mike Hosking Breakfast · Newstalk ZB
February 6, 20242m 57s
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Show Notes
A bump to New Zealand's unemployment figures is forecast later this morning.
A number of economists believe it will land at 4.3%, up from the September quarter's 3.9%.
ASB Chief Economist Nick Tuffley agrees.
He told Mike Hosking that it's important to bear in mind that these figures bounce around quarter-to-quarter.
Tuffley says the trend they're looking for is the weaker labour market, slowing employment growth, and slowing wage growth.
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Topics
unemploymentunemployment figuresNick Tuffleyasb