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An economist believes the number of unemployed Kiwis might be close to peaking.
The rate reached an 11-year high in the June quarter, on 5.6 percent - up from 5.4.
Many say uncertainty fuelled by the Iran war is discouraging employers from taking on staff.
Westpac Senior Economist Michael Gordon says the labour market could be nearing its weakest point.
"We were starting to see some momentum picking up in the economy late last year to early this year. Unfortunately, we've had this interruption from the Middle East conflict. Had that not happened, we might be seeing a bit more momentum."
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RECHERCHER LES ÉPISODES PASSÉS
Rechercher les épisodes précédents de The SME Stream.
AUTRES ÉPISODES DANS CE PODCAST
Our Superannuation fund is seeing great returns, but growth is still needed for the long term.
The 25-year-old fund is now worth $94.35 billion dollars, excluding tax, with it earning $9.3 billion in the past reporting year – a return of almost 14.2%.
Infometrics' Brad Olsen tol…
Retailers are celebrating the Police crackdown on retail crime.
Annual Ministry of Justice data to June, shows record-high finalised charges for theft from a retail premises, topping 21-thousand - more than tripling since 2022.
Retail NZ believes offending's down as much as 30 percent since last …
Today's the day New Zealand's landmark free trade agreement with India enters into force.
The deal creates new opportunities for our exporters with one of world's fastest growing markets - by giving us preferential access.
Almost 57% of our existing trade can now enter India duty…
Inflation could fall in the latest figures, but rising fuel costs are already threatening another squeeze on household budgets. Could more interest rate hikes follow—and what would that mean for an economy still struggling to build momentum?
On The Economy of Everything, Liam Dann and Tamsyn…
The Police Association is highlighting that retail crime is falling amidst rising related charges.
Annual Ministry of Justice data to June shows record-high finalised charges for theft from a retail premises at over 21,000 – more than triple that of four years ago.
Convictions …
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