Brace for turn-around in the labour market.

Stats NZ is due reveal announce the latest official unemployment rate later this morning.

Some economists expect it remain unchanged, while some expect to it drop to a new record low.

But ANZ Economist Finn Robinson told Mike Hosking it won't necessarily reflect what will happen over the coming year.

He says there will likely be a softening of the labour market this year, with today's data reflecting the market's strength in the last year.

LISTEN ABOVE

Brace for turn-around in the labour market.
Stats NZ is due reveal announce the latest official unemployment rate later this morning.
Some economists expect it remain unchanged, while some expect to it drop to a new record low.
But ANZ Economist Finn Robinson told Mike Hosking it won't necessarily reflect what will happen over the coming year.
He says there will likely be a softening of the labour market this year, with today's data reflecting the market's strength in the last year.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.