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 

New data out this morning is expected to show more of us are out of a job.&nbsp;
Stats NZ is releasing the latest unemployment rate at 10.45.&nbsp;
Most economists expect it will rise from 4.6% in the June quarter to 5% in the September quarter.&nbsp;
But NZIER Principal Economist Christina Leung told Mike Hosking she expects it will rise even higher.&nbsp;
She says they believe the unemployment rate will peak at just under 6% towards the end of 2025.&nbsp;
LISTEN ABOVE&nbsp;

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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

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/08659817-201c-422f-aff1-b21f0135a184/transcript

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