ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

How NZ's high unemployment numbers will hurt our economy

Author
Newstalk ZB,
Publish Date
Tue, 28 Apr 2020, 11:54AM
Photo / File

How NZ's high unemployment numbers will hurt our economy

Author
Newstalk ZB,
Publish Date
Tue, 28 Apr 2020, 11:54AM

Unemployment as high as 25 per cent would be catastrophic for the economy.

NZ's unemployment is predicted to end up between 10 to 25 percent after Covid 19.

AUT human resources expert Jarrod Haar told Kate Hawkesby the economy would struggle even at 10 percent.

“There will be a bad mood across the country at 25 percent unemployment.”

Haar says he hopes businesses opening today under Level 3 will accelerate the economy recovery.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you