Unemployment has hopefully almost reached its peak.

Latest Stats NZ data is expected to show unemployment has reached 5.3% in the September quarter.

That's up from 5.2% in the June quarter.

BNZ Chief Economist Mike Jones told Andrew Dickens they expect another rise in the December quarter, before the job market starts to recover next year.

He says there's still a bit of slog ahead of us, but there's encouraging signs, like job ads lifting and businesses wanting to increase employment.

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. 

Unemployment has hopefully almost reached its peak.
Latest Stats NZ data is expected to show unemployment has reached 5.3% in the September quarter.
That's up from 5.2% in the June quarter.
BNZ Chief Economist Mike Jones told Andrew Dickens they expect another rise in the December quarter, before the job market starts to recover next year.
He says there's still a bit of slog ahead of us, but there's encouraging signs, like job ads lifting and businesses wanting to increase employment.
LISTEN ABOVE
The podcasts in the SME Stream contain&nbsp;general information only, not financial&nbsp;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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