Nick Tuffley: ASB Chief Economist ahead of the unemployment figures forecast
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Thursdays
A bump to New Zealand's unemployment figures is forecast later this morning. A number of economists believe it will land at 4.3%, up from the September quarter's 3.9%. ASB Chief Economist Nick Tuffley agrees. He told Mike Hosking that it's important to bear in mind that these figures bounce around quarter-to-quarter. Tuffley says the trend they're looking for is the weaker labour market, slowing employment growth, and slowing wage growth. LISTEN ABOVE See omnystudio.com/listener for privacy information.
