Henry Russell: ANZ Economist on the rise in unemployment and the labour shortage - Early Edition on Newstalk ZB

Economic pain is being felt in the latest employment numbers. 

The unemployment rate is 4.3%, an increase of 0.3 percentage points from the December quarter. 

ANZ economist Henry Russell told Mike Hosking that we've come out of a period of intense labour shortages, with migration doing the heavy lifting. 

He says skill shortages remain and that's why we continue to import people into New Zealand. 

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