Stimulus galore, but can labour market deliver?
Margin Call: Many firms are already experiencing labour shortages, so the problem is not lack of work, but people.
Bevan Graham
Tue, 01 Jun 2021
Margin Call: Many firms are already experiencing labour shortages, so the problem is not lack of work, but people.
The New Zealand economy is recovering well. Activity indicators continue to surprise on the upside, the unemployment rate is nearly back to pre-Covid levels, and forward indicators are all pointing towards higher inflation ahead.
It should not have come as too much of a shock that once the