Unemployment is rising - but remains historically low - as the election approaches.
New Stats NZ figures show the unemployment rate reached 3.6 percent for the three months to June.
That's up 0.2 percent, from 3.4 percent in the preceding quarter.
Infometrics principal economist Brad Olsen says these figures indicate that the start of recession-influenced unemployment is upon us.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.