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      Home > News > Business

    Mixed opinions on when unemployment will reach its peak

    Mixed opinions on when unemployment will reach its peak

    7 May 2025
    Stats NZ data out this morning is predicted to show rates increased to around 5.2-percent, during the March quarter.

    ANZ Chief Economist Sharon Zollner expects this will likely be as high as it will go.

    While, ASB senior economist Mark Smith says it could be a bit higher later in the year.

    He says they've seen firms hold back on hiring as disruptions to trade and economic concerns continue.

    © 2025 Newstalk ZB, NZCity


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