RNZ·3 min read·medium
Unemployment expected to push up to near 11-year high, economists warn
R
RNZ | Te Reo Irirangi o Aotearoa
✦AI Summary
Economists warn that New Zealand's unemployment rate is expected to rise to an 11-year high of 5.4 or 5.5 percent. Weak economic activity and a lack of job growth are cited as the primary drivers behind the stagnant labor market.
Unemployment is set to push up to a near 11-year high with too many people and a weak supply of jobs.
economybusiness
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