Brad Olsen: Infometrics Principal Economist on unemployment figures being expected to grow - Heather du Plessis-Allan Drive

The Reserve Bank has warned the economic downturn is expected to get worse before it gets better, with unemployment being expected to worsen.

The bank's biannual Financial Stability Report says unemployment will peak at 5.4 percent by 2025.

Infometrics Principal Economist Brad Olsen says there are better economic times on the horizon - but there'll be 6-9 months of pain first. 

LISTEN ABOVE

See omnystudio.com/listener for privacy information.