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.


Got a question about this story? Leave it in Comments & Questions below.

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

Comments & Questions

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 0.7053 0.0000 0.00%
AUD 0.9471 -0.0017 -0.18%
EUR 0.6309 -0.0009 -0.14%
GBP 0.5502 -0.0015 -0.27%
HKD 5.4899 -0.0158 -0.29%
JPY 78.3820 -0.1720 -0.22%

Commods

Commodity Price Change Time
Gold Index 1266.7 11.460 2017-05-26T00:
Oil Brent 52.5 0.720 2017-05-26T00:
Oil Nymex 49.8 0.910 2017-05-26T00:
Silver Index 17.3 0.130 2017-05-26T00:

Indices

Symbol Open High Last %
NZX 50 7434.5 7441.6 7434.5 0.10%
NASDAQ 6207.0 6211.5 6205.2 0.08%
DAX 12604.4 12611.5 12621.7 -0.15%
DJI 21070.2 21092.8 21083.0 -0.01%
FTSE 7517.7 7554.2 7517.7 0.40%
HKSE 25671.0 25724.4 25630.8 0.03%
NI225 19798.5 19801.6 19813.1 -0.64%
ASX 5789.6 5789.6 5789.6 -0.65%