Liam Dann: NZ Herald Business Editor on the increase in the unemployment rate

Kerre Woodham Mornings Podcast

Feb 6 2024 • 11 mins

Stats NZ figures out today show unemployment has crept to its highest level since June 2021.

The unemployment rate in the three months to December was 4%.

Herald Business Editor at Large, Liam Dann, says it's still lower than many economists were picking.

He says there will be winners and losers out of this.

Dann says people hoping for an OCR cut may have to wait longer, but more people will have kept their jobs.

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