Unemployment's set to edge higher despite signs of the job market improving. 

Stats NZ data, due out this morning, is expected to show the unemployment rate reached 5.3% in the September quarter. 

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

Westpac Senior Economist Michael Gordon told Mike Hosking the unemployment rate would be even higher if more young people were in the labour market. 

He says they've been first on the chopping block as the economy slowed, so many have gone back into school and aren't seeking work. 

LISTEN ABOVE 

Unemployment's set to edge higher despite signs of the job market improving.&nbsp;
Stats NZ data, due out this morning, is expected to show the unemployment rate reached 5.3% in the September quarter.&nbsp;
That's up from 5.2% in the June quarter.&nbsp;
Westpac Senior Economist Michael Gordon told Mike Hosking the unemployment rate would be even higher if more young people were in the labour market.&nbsp;
He says they've been first on the chopping block as the economy slowed, so many have gone back into school and aren't seeking work.&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

Michael Gordon: Westpac Senior Economist on the unemployment rate being expected to hit 5.3%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a0a4bcf7-ef12-4f04-8ada-b38b013c29dd/transcript

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