THE CHART: Young people bearing brunt of unemployment burden

Fri, 20 Nov 2020

The New Zealand economy is performing far better than almost anyone anticipated mere months ago.Dire forecasts of double-digit unemployment numbers have failed to materialise and other indicators such as consumer confidence suggest the NZ economy is bouncing back with a spring in its step.The end of the wage subsidy scheme was seen as the point at which things would take a turn for the worse, but so far there has been no noticeable uptick in unemployment or company liquidations coinciding with the end of the scheme.There are though, still 211,...

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