Latest / The Kākā by Bernard Hickey
Wednesday's Chorus: Mental health & joblessness wrecking a generation of workers
Briefly in the news in Aotearoa’s political economy around housing, poverty and climate on Wednesday, November 4:
* Labour force data due later today is expected to show a slight rise in the unemployment rate to a nine-year-high of 5.3%, with a 0.1% rise in jobs not enough to soak up extra people entering the labour force.
* But the small rise disguises an emerging jobs and health catastrophe for young people who have entered the workforce in the last decade since the start of mass usage of smart phones, the Covid pandemic and heavy job losses since late 2023.
* Stuff’s Bridie Witton reports…
The skinny
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