New data out this morning is expected to show more of us are out of a job. 

Stats NZ is releasing the latest unemployment rate at 10.45. 

Most economists expect it will rise from 4.6% in the June quarter to 5% in the September quarter. 

But NZIER Principal Economist Christina Leung told Mike Hosking she expects it will rise even higher. 

She says they believe the unemployment rate will peak at just under 6% towards the end of 2025. 

LISTEN ABOVE 

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

New data out this morning is expected to show more of us are out of a job. 
Stats NZ is releasing the latest unemployment rate at 10.45. 
Most economists expect it will rise from 4.6% in the June quarter to 5% in the September quarter. 
But NZIER Principal Economist Christina Leung told Mike Hosking she expects it will rise even higher. 
She says they believe the unemployment rate will peak at just under 6% towards the end of 2025. 
LISTEN ABOVE 
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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Christina Leung: NZIER Principal Economist on the unemployment rate which is expected to rise

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/445dc9df-03b5-46f7-99a5-b21f0143ec8e/transcript