Unemployment rose less than expected in the September quarter – from 4.6% to 4.8%. 

This comes slightly below the financial market expectation of 5%.  

Infometrics CEO and Principal Economist Brad Olsen tells Heather du Plessis-Allan there are still a lot of challenges.  

Olsen believes this does not affect any hope of a 75 basis point cut but does create a significant dampener. 

LISTEN ABOVE 

Unemployment rose less than expected in the September quarter – from 4.6% to 4.8%.&nbsp;
This comes slightly below the financial market expectation of 5%. &nbsp;
Infometrics CEO and Principal Economist Brad Olsen tells Heather du Plessis-Allan there are still a lot of challenges. &nbsp;
Olsen believes this does not affect any hope of a 75 basis point cut but does create a significant dampener.&nbsp;
LISTEN ABOVE&nbsp;

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Principal Economist on unemployment rising less than expected

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5e7aacdd-c3c8-40b4-bf69-b2200060cccf/transcript

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