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Analysis
4 mins to read

Is something wrong with the labour market?

Economically Speaking: Why advertised job vacancies don’t tell the whole story.

How is it possible that there are about 116,000 people unemployed in New Zealand at the same time as there are nearly 45,000 job vacancies? What does it say about the labour market if firms are looking for new employees at the same time as people want to work but can’t find a job?

It says

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John McDermott Tue, 16 Jul 2019
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Is something wrong with the labour market?
Analysis,
80008