The Economic Growth Minister's confident the economy will turn a corner soon. 

Unemployment's reached 5.3% in the September quarter – the highest it's been since 2016. 

160 thousand Kiwis have been out of work and looking for a job, the most since 1994. 

Nicola Willis told Mike Hosking unemployment may rise further this quarter, but there are positives, like the increase in hours worked and a move from part time to full time work. 

She says these unemployment figures do bounce around a bit, so she certainly won't say unemployment is at its peak. 

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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. 

The Economic Growth Minister's confident the economy will turn a corner soon.&nbsp;
Unemployment's reached 5.3% in the September quarter &ndash; the highest it's been since 2016.&nbsp;
160 thousand Kiwis have been out of work and looking for a job, the most since 1994.&nbsp;
Nicola Willis told Mike Hosking unemployment may rise further this quarter, but there are positives, like the increase in hours worked and a move from part time to full time work.&nbsp;
She says these unemployment figures do bounce around a bit, so she certainly won't say unemployment is at its peak.&nbsp;
LISTEN ABOVE&nbsp;
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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