Henry Russell: ANZ Economist on the probably spike to the unemployment rate
Early Edition with Ryan Bridge - Podcast tekijän mukaan Newstalk ZB
A spike to New Zealand's unemployment rate may be on the cards later this morning. Multiple bank economists estimate it to land at 4.3%, up from the September quarter's 3.9%. ANZ Economist, Henry Russell told Mike Hosking that he agrees. He says the key driver is the ongoing recovery in labour supply, reflecting the record net-migration we've seen. LISTEN ABOVE See omnystudio.com/listener for privacy information.
