Shannon Barlow: Frog Recruitment Managing Director on the unemployment rate
The job market's remaining tougher, for longer, than many economists were expecting.
Unemployment's reached a ten-year high of 5.4% in the December quarter, and the broader under-utilisation rate is close to a ten-year high as well, at 13%.
Finance Minister Nicola Willis is trying to point out silver linings, saying the data also shows more jobs have been created, and hours worked are increasing.
Frog Recruitment Manging Director Shannon Barlow told Kerre Woodham that it’s a little early to get a clear read on the market, but there are positive signs already.
She says there was a lift…
The skinny
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