this post was submitted on 04 Aug 2025
20 points (100.0% liked)

NZ Politics

743 readers
24 users here now

Kia ora and welcome to the NZ Politics community!

This is a place for respectful discussions about everything that's political and kiwi

This is an inclusive space where diverse opinions are valued, but please don't be a dick

Other kiwi communities here

 

Banner image by Tom Ackroyd, CC-BY-SA

founded 2 years ago
MODERATORS
Dave@lemmy.nz
RaoulDuke@lemmy.nz
20
Unemployment rate expected to hit nine-year high (www.rnz.co.nz)
submitted 1 day ago by Dave@lemmy.nz to c/politics@lemmy.nz
7 comments fedilink hide all child comments
 
  • Unemployment picked to hit near nine year high of 5.3 percent
  • Labour market lags economic performance, reflecting last year's recession
  • Economy may have shed as many as 40,000 jobs in past couple of years
  • Annual wage growth seen just above 2 percent - tough on household budgets, eases inflation pressures
  • If numbers as expected, they will back another RBNZ rate cut
you are viewing a single comment's thread
view the rest of the comments
[–] BalpeenHammer@lemmy.nz 7 points 1 day ago (2 children)

That's what happens when you lay off so many government employees I guess.

[–] Dave@lemmy.nz 6 points 1 day ago

Yes, definitely a shocked pikachu moment.

load more comments (1 replies)