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. 

LISTEN ABOVE 

The Economic Growth Minister's confident the economy will turn a corner soon.&nbsp;
Unemployment's reached 5.3% in the September quarter – 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;

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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

Nicola Willis: Economic Growth Minister on the unemployment rate reaching 5.3%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/472c41a5-6753-438b-bb87-b38c01334927/transcript

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