The Prime Minister remains hopeful for a fall in unemployment this year.

Unemployment's reached a 10 year high of 5.4% - with Auckland's unemployment rate rising again to 6.4%.

Job numbers have increased, but that's been offset by more people joining or re-joining the labour market.

Chris Luxon told Mike Hosking that the economy's rebounding, and that should flow through to the job market soon.

He says there's always a lag effect - with unemployment being the last economic indicator to turn around.

LISTEN ABOVE

The Prime Minister remains hopeful for a fall in unemployment this year.
Unemployment's reached a 10 year high of 5.4% - with Auckland's unemployment rate rising again to 6.4%.
Job numbers have increased, but that's been offset by more people joining or re-joining the labour market.
Chris Luxon told Mike Hosking that the economy's rebounding, and that should flow through to the job market soon.
He says there's always a lag effect - with unemployment being the last economic indicator to turn around.
LISTEN ABOVE

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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