Respite from interest rate hikes looms as unemployment rises
First signs of a slowdown have emerged in labour market data, economists say.
First signs of a slowdown have emerged in labour market data, economists say.
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Demand for workers is still strong but that's going to put more pressure on borrowers.
The Reserve Bank could squash the economy with ever-higher interest rates.
NZ Herald Business Editor at Large Liam Dann explains what the surge in wage growth and near record low unemployment will mean for Aotearoa’s economy in the coming months. Video / NZ Herald
What we can expect from today’s unemployment figures, relief for Ruapehu and South Island braces for severe weather in the latest NZ Herald headlines. Video / NZ Herald
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Job adverts have eased from record highs, especially in property-related sectors.
Inability to secure staff is driving businesses to the wall and worsening health crisis.
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You'd think we'd be shouting that record low of 5.4 per cent from the rooftops.
Rising wages could add to the risk that inflation becomes embedded, economists say.
Fresh data is expected to show no easing of the tight labour market.
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He had been accused of touching three female students inappropriately.
How the property sector fares through this tough cycle will be a real measure of progress.
The economy will rebound from the Omicron slump, but the real pain may still be to come.
New data from REINZ shows house prices sank further in May.
How we spend government money matters but austerity policies won't help beat inflation.
The RBNZ has warned of much higher rates to come pushing its OCR peak to almost 4 per cent
How hard will the RBNZ hit the economy as it chases down inflation in coming months?
Kiwis are getting gloomy but S&P Global Ratings retains confidence in NZ economic outlook.
It means ACC can look into implementing the $3.5 billion income insurance scheme.
The investment will provide support for another 24,000 apprentices.
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'I can understand why there is a reluctance to move away from the safety net benefits.'
A short, shallow recession may actually be the quickest way to beat inflation.