Go offline with the Player FM app!
Nicola Willis: Finance Minister on the unemployment rate remaining at 5.1%
Manage episode 481217355 series 2098285
The Finance Minister admits many Kiwis aren't getting as much work as they'd like to be.
Unemployment has remained unchanged at 5.1% in the March quarter, despite most economists predicting a rise.
However, 21% of employed people are now working part time.
Nicola Willis told Mike Hosking the ongoing rise in the under-utilisation rate is a concern.
She says it's clear that some people are going into part time work rather than full time work, and aren't working as many hours as they'd like to be.
Willis says she'd like to see those numbers improving.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7053 episodes
Manage episode 481217355 series 2098285
The Finance Minister admits many Kiwis aren't getting as much work as they'd like to be.
Unemployment has remained unchanged at 5.1% in the March quarter, despite most economists predicting a rise.
However, 21% of employed people are now working part time.
Nicola Willis told Mike Hosking the ongoing rise in the under-utilisation rate is a concern.
She says it's clear that some people are going into part time work rather than full time work, and aren't working as many hours as they'd like to be.
Willis says she'd like to see those numbers improving.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7053 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.