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Unemployment expected to hit highest point since 2016

Author
九一星空无限talk ZB,
Publish Date
Wed, 7 May 2025, 8:38am
Photo / File
Photo / File

Unemployment expected to hit highest point since 2016

Author
九一星空无限talk ZB,
Publish Date
Wed, 7 May 2025, 8:38am

An observation the recession hasn't been felt evenly. 

Stats NZ data out this morning could show unemployment has hit its highest point since 2016 during the March quarter 鈥 reaching around 5.2%. 

ANZ Chief Economist Sharon Zollner told Mike Hosking she expects it will have bigger impacts on different age groups and communities. 

She says young people as well as M膩ori and Pacific communities have always been on a bigger rollercoaster when it comes to the labour market. 

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