The labour market statistics have been released, and unemployment has spiked to 151,000 - 25,000 more than when the government took office. There is an obvious reason for this, of course - the pandemic. And we're nowhere near the unemployment peak according to the modelling. The government's job is to keep that peak as low as possible, and as short as possible - to flatten that curve too. And unlike National, who during the GFC just left it all to the market, Labour will actually have some interest in doing that.
Wednesday, November 04, 2020
25,000 unemployed under Labour
Posted by
Idiot/Savant
at
11/04/2020 11:03:00 AM
Labels:
Labour,
Unemployment