Wednesday, August 06, 2025

36,000 unemployed under National

The June labour market statistics are out, showing unemployment has risen to 5.2%. There are now 158,000 unemployed - 36,000 more than when National took office.

This is the highest level since Covid - and it will get worse, with ANZ suggesting it could rise by another 0.5% (another 15,000 people) as companies get the message that there is no economic recovery from this government. So much for "better economic managers"...