ZB

Figures reveal business wages and jobs grew 5.3pc in May

Author
Newstalk ZB,
Publish Date
Thu, 30 Jun 2022, 7:22am
Photo / Natalie Slade
Photo / Natalie Slade

Figures reveal business wages and jobs grew 5.3pc in May

Author
Newstalk ZB,
Publish Date
Thu, 30 Jun 2022, 7:22am

We have a couple of trends in the small business sector that are performing stronger than a couple of international heavyweights.

Xero has released their Small Business Index for May, revealing small business wages and jobs grew during the month.

Wages were up 5.3 percent, the fastest pace since January 2017, while the number of jobs grew 4.1 percent.

That's better than the likes of the UK and Australia.

Managing director for Xero New Zealand Craig Hudson joined Mike Hosking.

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