close
MENU
Economics
3 mins to read

‘Worrying trend’: More unemployment pain to come this year

Opposition parties critical of coalition Government’s ‘dated and dismal’ politics.

WATCH: ANZ economist Henry Russell speaks with Jonathan Mitchell.

The rise in unemployment is unlikely to force earlier interest rate cuts, with the jobless rate expected to nudge to 5% by the end of this year, economists say.

Stats NZ data out yesterday showed unemployment rose to 4.3% in the March quarter, above the 4% recorded in the December quarter.

The

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Thu, 02 May 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
‘Worrying trend’: More unemployment pain to come this year
Economics,
103862
true