Unemployment rose slightly in the June quarter, fuelling speculation the economy is slowing and may need more stimulation to get to full employment, Thomas Coughlan reports.
Unemployment's fall to a nine-year low of 4.5 percent begs the question for interest rate setters: has the economy revved so hard that it is about to generate inflation? Bernard Hickey looks under the hood and finds a higher performance engine.
Employment grew more than expected and unemployment fell more than expected in the December quarter, despite lower business confidence and fears by some that the economy slowed during and after the election.
Losing your job can be a blow, but new research shows the negative effects may drag on for years. Shane Cowlishaw reports.
In today's email we examine Michael Woodhouse's balancing act as he walks the tightrope between taking a "Kiwis first" line and reassuring employers who need migrant workers, and we also detail how 1989 was the year that rule changes triggered a massive inter-generational divide.
After months of reports about widespread abuse of migrants, the Government moved this morning to crack down on employers who break the rules.
Housing and migration are shaping up as the big issues in next year's election and this week's figures show the Government faces a huge task to convince the public that new housing supply is growing fast enough to keep up with the fastest population growth from migration in over 100 years.
For the convenience of subscribers, here's my weekend column in which I say this week's jobs figures may look fantastic, but they disguise flat real GDP per hour worked and an essentially stagnant economy where renters, the young and the unemployed have missed out.
September quarter labour market figures were published today by Statistics NZ.
For the convenience of email-avoiding subscribers and samplers, here's the email sent earlier on Thursday.