New jobless claims post first rise in six weeks

New jobless claims post first rise in six weeks
Andy Fyers
The number of new people receiving the Covid-19 Income Relief Payment (CIRP) and Jobseeker Support increased for first time in six weeks in the week to Aug. 7.A further 1,600 people are now receiving one of these benefits, bringing the total number to 215,000, up from 145,000 in March prior to the first lockdown.It was also the first time in five weeks that the number of jobs covered by a wage subsidy decreased substantially, with the end of the wage subsidy extension for the first 96,000 workers. That brought total active coverage under the sc...

More Economy

Pricing and cost expectations may raise RBNZ eyebrows
Economy

Pricing and cost expectations may raise RBNZ eyebrows

ANZ Bank chief economist Sharon Zollner: the lift is "becoming a little disconcerting".

RBNZ signals U-turn on bank capital requirements
Finance

RBNZ signals U-turn on bank capital requirements

A major shift at RBNZ's first public outing since Adrian Orr's sudden departure.

Pattrick Smellie 31 Mar 2025
Trump trade war could push cash rate lower
Economy

Trump trade war could push cash rate lower

The monetary policy decision is on April 9. 

Rebecca Howard 31 Mar 2025
US tariffs will ‘squeeze, not choke, growth’
Economy

US tariffs will ‘squeeze, not choke, growth’

Uncertainty and weak domestic demand delay NZ’s recovery

Rebecca Howard 26 Mar 2025