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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Analysis
7 mins to read

Unemployment less than expected, feared

Economy Matters: Fiscal policy in response to Covid pandemic thankfully protected the labour market.

Before Covid-19, only about 4% of New Zealand’s workforce was unemployed, down from the 6.7% it hit in the wake of the global financial crisis (GFC).

Reducing the unemployment rate by this much represents a remarkable achievement in getting people back into jobs. The Covid-19 pandemic has been

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John McDermott Tue, 13 Apr 2021
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Unemployment less than expected, feared
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