Unemployment is expected to be up today, and it's thought to be just the beginning. 

Stats NZ will release the numbers for the first three months of the year around 10:45 this morning. 

The rate for the final quarter of last year was 4%.

ASB Senior Economist Mark Smith told Mike Hosking that the labour market tends to lag behind.

He said that what we’re seeing now is the last bit of a residual strength, but there are signs it will be weakening from here.

LISTEN ABOVE  

Unemployment is expected to be up today, and it's thought to be just the beginning.  
Stats NZ will release the numbers for the first three months of the year around 10:45 this morning.  
The rate for the final quarter of last year was 4%. 
ASB Senior Economist Mark Smith told Mike Hosking that the labour market tends to lag behind. 
He said that what we’re seeing now is the last bit of a residual strength, but there are signs it will be weakening from here. 
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,...

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