A major bank believes unemployment will remain fairly flat this year, rather than anything catastrophic.

The national rate dipped slightly to 5.3% in the first three months of this year.

ASB chief economist Nick Tuffley told Ryan Bridge says he's not overly pessimistic about the next couple of quarters.

But he cautions the next few months are really the danger zone as businesses hunker down and defer some decisions.

Youth unemployment is up from 13.3% to 14.4%.

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A major bank believes unemployment will remain fairly flat this year, rather than anything catastrophic.
The national rate dipped slightly to 5.3% in the first three months of this year.
ASB chief economist Nick Tuffley told Ryan Bridge says he's not overly pessimistic about the next couple of quarters.
But he cautions the next few months are really the danger zone as businesses hunker down and defer some decisions.
Youth unemployment is up from 13.3% to 14.4%.
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.

Best of Business

Nick Tuffley: ASB chief economist on the unemployment rate falling to 5.3%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1f83cd65-1597-46e0-a279-b442012b13a4/transcript

The cost of computer components has shot up, and there's concerns about what it could mean for the tech sector.

The shortage of memory chips has prompted tech investors to worry about what this could mean for the market.

Sam Dickie from Fisher Funds explained further.

LISTEN ABOVE

The cost of computer components has shot up, and there's concerns about what it could mean for the tech sector.
The shortage of memory chips has prompted tech investors to worry about what this could mean for the market.
Sam Dickie from Fisher Funds explained further.
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on how the memory shortage could impact the tech sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fc356021-6bd5-4a70-9058-b4430082c07e/transcript

Protein is seeing a surge in popularity all over the world, and that's great news for Kiwi farmers.

Reports claim a boom industry has developed around supplying high protein calories for those who are losing muscle mass from taking weight loss drugs like Ozempic and Wegovy. 

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Protein is seeing a surge in popularity all over the world, and that's great news for Kiwi farmers.
Reports claim a boom industry has developed around supplying high protein calories for those who are losing muscle mass from taking weight loss drugs like Ozempic and Wegovy.&nbsp;
The Country's Jamie Mackay explained further.
LISTEN ABOVE

Jamie Mackay: The Country host on what the 'protein boom' means for Kiwi farmers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a7917642-03f7-473d-b8a9-b4430080a483/transcript

The rise in AI has seen demand for professionally written CVs in a bid to stand out against algorithms.

Experts say while AI can be useful to screen hundreds of applicants faster, it's created a transparency gap between employers and jobseekers.

CVs by Sarah director Sarah Wrightson says the screening software rules out applicants before a human gets a chance to look at their CVs, and it results in qualified applicants getting filtered out.

"I've had clients come to me saying that they've applied for 80 jobs and heard nothing back - and often, they've actually got really solid experience. The software's looking for alignment and clarity, humans read context, the software doesn't." 

LISTEN ABOVE

The rise in AI has seen demand for professionally written CVs in a bid to stand out against algorithms.
Experts say while AI can be useful to screen hundreds of applicants faster, it's created a transparency gap between employers and jobseekers.
CVs by Sarah director Sarah Wrightson says the screening software rules out applicants before a human gets a chance to look at their CVs, and it results in qualified applicants getting filtered out.
"I've had clients come to me saying that they've applied for 80 jobs and heard nothing back - and often, they've actually got really solid experience. The software's looking for alignment and clarity, humans read context, the software doesn't."&nbsp;
LISTEN ABOVE

Sarah Wrightson: CVs by Sarah director on the rise of AI in the job recruitment process

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b696cbd9-d9c8-4833-bcdc-b443007344ad/transcript

Nick Tuffley: ASB chief economist on the unemployment rate falling to 5.3%

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