Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
- Written by Cristóbal Castro Barrientos, PhD candidate, NZ Policy Research Institute, Auckland University of Technology
Max Dallocco/ShutterstockDespite Prime Minister Christopher Luxon’s reassurance that “some green shoots” are starting to show in the economy, including a 50 point cut in the official cash rate expected to be announced later today, the outlook for 2025 remains uncertain for many – and grim for some.
Unemployment reached 5.1%...
