Covid's uneven employment impact still being felt

Covid's uneven employment impact still being felt
Construction is one industry that has added jobs in the past 12 months.
Andy Fyers
The unemployment rate dropped further in March and now sits at 4.7%, but some sectors are hurting more than others.Unemployment of less than 5% is far better than even the most optimistic economist's predictions from one year ago when it was widely assumed rates would be up to at least 7% by this point, possibly even pushing double digits in the worst-case scenarios.So, while the economy and labour market are more robust than anticipated, there are still plenty of workers adversely impacted by covid-19 shock depending on where you look.Part...

More Economy

The industrial policy debate never seems to go away
Economy

Dileepa Fonseka: The industrial policy debate never seems to go away

Industrial policy is getting a second hearing around the world, including in NZ.

How to discourage wealth
Economy

Simon Robertson: How to discourage wealth

Let NZers invest $1 offshore without making the starting point 95c every year.

Simon Robertson 20 Apr 2024
Fast-track ‘stakeholders’ list released
Economy

Fast-track ‘stakeholders’ list released

Major corporates including Carter Group and Fonterra are on the list.

Victoria Young 19 Apr 2024
Sniffing the breeze on the next four months
Economy

Pattrick Smellie: Sniffing the breeze on the next four months

A soon-to-be international absconder ponders what he'll find on return to NZ.

Pattrick Smellie 19 Apr 2024