The Mike Hosking BreakfastThe Mike Hosking Breakfast

Sharon Zollner: ANZ Chief Economist on the unemployment rate likely hitting its highest point since 2016

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An observation the recession hasn't been felt evenly. 

Stats NZ data out this morning could show unemployment has hit its highest point since 2016 during the March quarter – reaching around 5.2%. 

ANZ Chief Economist Sharon Zollner told Mike Hosking she expects it will have bigger impacts on different age groups and communities. 

She says young people as well as Māori and Pacific communities have always been on a bigger rollercoaster when it comes to the labour market. 

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