@oceanicpress: New Zealand’s unemployment rate has crept up to 5.2 percent — the highest level since 2020 — as businesses freeze hiring and economic uncertainty continues to bite. New data from Stats NZ shows that around 2,000 jobs were lost in the June quarter, bringing the total job losses over the past year to 16,000. While full-time employment saw a minor uptick, part-time jobs declined, and the underutilisation rate — which includes the unemployed and underemployed — rose to 12.8 percent, the worst since late 2020. Labour market spokesperson Jason Attewell said the unemployment rate has jumped 1.9 percentage points since mid-2022, noting a drop in youth employment as more young people return to education. Wage growth also slowed, down to 2.4 percent from 2.9 percent previously, reinforcing expectations that the Reserve Bank will cut the official cash rate again soon. Finance Minister Nicola Willis admitted the jobless rate isn’t good enough but said it was still better than Treasury’s pre-election forecasts. “There are 8000 fewer unemployed people than predicted,” she said, promising the government is focused on getting Kiwis back to work. Willis pointed to $6 billion in infrastructure spending before Christmas and a fast-tracked project regime as key drivers to create “real jobs behind real spades.” She added that while Trump’s new tariffs add uncertainty, the government remains confident unemployment will fall in the months ahead. #nz

⭐683.STYLAH⭐ :

bro the NZs companies need to stop being picky and hire some fresh younginz to learn some skills and let them gain something for themselves. now days companies will reply to you saying "sorry you weren't a strong enough applicant" I'm sorry not strong enough 💀 wtf do ya mean

Chop :

Don’t know how people can’t find jobs😂 in the past 2 years I’ve worked 7 jobs🤣 I either got fired or got bored haha just be keen for anything and you’d be good

NoIsAFullSentence :

Working here but planning on selling my cars and not working, with this new RUC tax is just mental

Gareth Dale :

It was predicted to hit 5.4% in 2025 while Labour was in office. So they’re doing better than was predicted.

bigboiiii22 :

there's heaps of jobs people just don't want to do it

Sensei :

Entry level job that pays peanuts: “We are looking for people with 2+ years experience in this field of work and consistent references. Full license is a bonus” 🤦🏽‍♂️NZ is a joke

animated_eel :

dude I have done a cooking course after finishing ncea level 3, and I can't even get into a maccas. I hate this country but no job so I cannot leave it either

Bandito vr :

d :

people saying “heaps of jobs” but not everyone is flexible to work any hours of the days and other things. sometimes it’s not just a job but the hours being asked of.

dashtradez :

the issue is the pay doesn't even cover cost of living. just slavery at this point.

Javan :

Bout to be 5.5 by October ;)

Axiom Ultramega :

Also no pandemic 😂

Peter Monty :

right wing governments all talk about employment and business growth but the facts are they create unemployment . Google the stats for America Democrats created 50 million jobs. go look at the republicans the right wing you'll find maybe a million . it's just the sad story of right-wing politics the more interested in capital then business in this modern age

spiderman 🕷️ :

glad i found a job

waikato_skids :

give me a jobbbbb bruzzz

e :

National always tries to pay off their recession by cutting services and hiking taxes. They don't have an excuse that it's labour's fault this coming election.

Jashwa88 :

Yea but it’s not as bad as they thought so it’s ok. Right?

irlwhitemage :

I got an offer right before this rate dropped. wouldn’t surprise me if it doesn’t get better, it took me a year to land this one brother

Aspen :

Sucks cause wdym I need experience when I’m Graduating in 2 yrs IM STILL IN SCHOOL AND U WONT HIRE TO GIVE ME THE EXPERIENCE

danielmason382 :

let's go we can do better

KRXYTTOK :

maybe

iamcardboardb :

wow 😍 16 struggling to get my first job and can’t get a job seeking benefit 😍 thank you national.

sneakers_and_bags :

Yeah unemployment will 100% drop, because everyone who can is leaving the country

lyric editzz :

Yet there saying get into work like wheres the work ive called over 30 recruitment agencies and all of them said they got nothing

Tommy speedy :

National government Christopher luxon is so useless and doesn’t do anything vote him out and then Chris hipkin will be a pm in 2026