VIDEO: Bill English on rising unemployment

Finance Minister Bill English

The big question this week is – has the economy hit the skids?

It is what we are all asking following the release of the household labour force survey.

7.3 percent unemployment up 0.5 percent. That means 175,000 kiwis are now without work and another 145,000 workers are knocking on the door asking for more hours.

Duncan Garner spoke with Bill English for TV3's The Nation and started by asking him is this a blip? Or something more serious?

Video courtesy Front Page.

This article is tagged with the following keywords. Find out more about My Tags

Comment & Question

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7859 0.0009 0.11%
AUD 0.9128 -0.0007 -0.08%
EUR 0.6324 -0.0001 -0.02%
GBP 0.5009 0.0000 0.00%
HKD 6.0942 0.0050 0.08%
JPY 92.9960 -0.1470 -0.16%

Commods

Commodity Price Change Time
Gold Index 1195.7 -5.410 2014-11-24T00:
Oil Brent 78.6 -0.120 2014-11-21T00:
Oil Nymex 75.8 -0.750 2014-11-24T00:
Silver Index 16.4 -0.020 2014-11-24T00:

Indices

Symbol Open High Last %
NZX 50 5471.7 5471.7 5471.7 -0.68%
NASDAQ 4725.2 4755.0 4713.0 0.89%
DAX 9722.3 9832.4 9732.5 0.54%
DJI 17812.6 17855.3 17719.0 0.04%
FTSE 6750.8 6764.0 6750.8 -0.31%
HKSE 23883.3 23936.3 23437.1 1.95%
NI225 17490.4 17490.4 17357.5 0.62%