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Stats NZ figures released yesterday showed unemployment reached 5.3% for the September quarter – the highest rate since December 2016, but in line with what Nicola Willis had expected. | nzherald.co.nz
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We got the team to guess the current unemployment rate in New Zealand - but how close did they get? According to the latest Stats NZ data, the jobless rate is sitting around 5.3%, one of the highest levels seen in nearly a decade. That equates to roughly 160,000 Kiwis currently without work, with the number gradually rising over recent quarters and sitting above pre-pandemic averages. For employers and jobseekers alike, this creates both challenges and opportunity. If you’re hiring, job hunting,
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