Unemployment remains at a record low of 3.4 percent and wages are continuing to rise.

In the December quarter all salary and wage rates increased 4.1 percent, and in the private sector wages rose 4.3 percent.

The labour market seems to remain tight, with low employment and high wages adding to cost pressures.

Investment strategist and economist at Jarden, John Carran, joined Mike Hosking.

LISTEN ABOVE

Unemployment remains at a record low of 3.4 percent and wages are continuing to rise.
In the December quarter all salary and wage rates increased 4.1 percent, and in the private sector wages rose 4.3 percent.
The labour market seems to remain tight, with low employment and high wages adding to cost pressures.
Investment strategist and economist at Jarden, John Carran, joined Mike Hosking.
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.