- Newstalk ZB
- Classic Hits
- Coast
- Flava
- Hauraki
- Radio Sport
- ZMOnline
- Other
Keep up with
Newstalk ZB
By: Laura Heathcote | Business News | Thursday May 3 2012 15:27
|
The Government's being implored to intervene with the dollar on the back of new figures showing a rise in the number of people out of work. The unemployment rate was 6.7 percent in the March 2012 quarter, the highest rate in more than a year. FIRST Union General Secretary Robert Reid isn't surprised, saying his own union is currently dealing with more than 150 possible redundancies across a range of manufacturing industries. He says they're battling a punishing high dollar. "Most other countries have some partial control over their currency and it's just a crazy situation for the Government to say there's nothing it can do. There's plenty it can do." Mr Reid says industries like textiles and wood should be firing up to meet the needs of the Canterbury rebuild, but the opposite is happening. Photo: NZ Herald |
Related Subjects
economy |
Wednesday, May 22, 2013
RSS WebfeedPowered by MediaSpan | Web Design - Terabyte © The Radio Network | Sitemap
