Brad Olsen: Infometrics Chief Economist predicts a rise in unemployment figures ahead of the Stats NZ release

Early Edition with Ryan Bridge · Oct 31, 2023 · 3m

It's widely anticipated that New Zealand's unemployment figures will rise today.

Stats NZ numbers for the three months to September will be released later this morning.

Infometrics Principal Economist, Brad Olsen, told Kate Hawkesby that he predicts it will lift from 3.6 to 3.9%.

He says realistically, the market is still tight, with anything below 4% unusual for New Zealand.

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