Economic recovery is taking longer than many hoped. 

Unemployment's risen to a five-year high of 5.2%, up from 5.1% in the March quarter. 

New Zealand officially moved out of recession last year. 

The Herald's Liam Dann told Kerre Woodham the job market is taking longer to catch up, so many people may not be feeling better off. 

He says economists can tell us numbers are improving, but it takes longer for life to improve. 

Dann says anxiety about job security and AI is having ripple effects across the economy. 

He says a lot of professional people are uncertain about the future, and that's putting them off spending money. 

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. 

Economic recovery is taking longer than many hoped.&nbsp;
Unemployment's risen to a five-year high of 5.2%, up from 5.1% in the March quarter.&nbsp;
New Zealand officially moved out of recession last year.&nbsp;
The Herald's Liam Dann told Kerre Woodham the job market is taking longer to catch up, so many people may not be feeling better off.&nbsp;
He says economists can tell us numbers are improving, but it takes longer for life to improve.&nbsp;
Dann says anxiety about job security and AI is having ripple effects across the economy.&nbsp;
He says a lot of professional people are uncertain about the future, and that's putting them off spending money.&nbsp;
LISTEN ABOVE&nbsp;
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.&nbsp;

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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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