This Labour Party release critiques the National Government's economic policies, arguing that despite slight GDP growth, Kiwis are struggling with rising costs, job losses in construction, and stagnant wages, highlighting a lack of progress on jobs, health, and housing.
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New Zealand's unemployment rate is expected to hold steady, at least on paper, when new data is released this week. But beneath that headline number, economists are warning the labour market may already be weakening just as global tensions and an oil shock begin to bite. There are also growing concerns about something called stagflation, where higher unemployment and rising inflation collide. And what that could mean for households and the wider economy. Today on the front page NZ Herald Business Editor at large Liam Dann is with us to unpack what to look for in the latest data, what it really tells us about the state of our economy and what could come next.
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remains high despite economic growth
Release: Kiwis still struggling as economy stumbles alongsurface-level calm masking deeper market strain
Stagflation warning: Why a flat unemployment rate may still spell trouble aheadSpotted something wrong on this page? Report a correction.
