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Economics
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Economy in deep funk with no plan for employment growth: CTU

Economist Craig Renney critical about lack of action after unemployment rises to 5.1% in the December quarter.

CTU economist Craig Renney.

New Zealand’s unemployment rate rose to 5.1% in the December quarter, as was widely expected, with criticism targeted at the Government for failing to deliver job creation and economic growth.

While unemployment edged higher, the employment rate was at 67.4%, annual wage inflation fell to 3.3%,

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Jonathan Mitchell Wed, 05 Feb 2025
Contact the Writer: jmitchell@nbr.co.nz
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Economy in deep funk with no plan for employment growth: CTU
Economics,
107675
true