NZ Herald·3 min read·medium

Jobless on the rise: Unemployment rate expected to land higher this week

L
Liam Dann
Jobless on the rise: Unemployment rate expected to land higher this week
AI Summary

Economists in New Zealand predict a rise in the national unemployment rate to 5.5% due to a cooling labor market and global economic uncertainty. The data suggests a 'low-fire, low-hire' environment as firms remain cautious despite improving conditions.

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