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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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Chris Luxon: Prime Minister remains hopeful for a fall in unemployment

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/55bd4c6a-cd21-4344-b544-b3eb013fd845/transcript