Brad Olsen: Infometrics Principal Economist on unemployment figures being expected to grow
The Reserve Bank has warned the economic downturn is expected to get worse before it gets better, with unemployment being expected to worsen.
The bank's biannual Financial Stability Report says unemployment will peak at 5.4 percent by 2025.
Infometrics Principal Economist Brad Olsen says there are better economic times on the horizon - but there'll be 6-9 months of pain first.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.