News | Business
8 May 2025 15:05
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Unemployment may not have ticked up - but it could be some time before it tracks down

    Unemployment may not have ticked up - but it could be some time before it tracks down


    Stats NZ's revealed the unemployment rate remained at 5.1 percent in the three months ended March.

    But where there was growth in part time employment, numbers of full-time workers fell by 45 thousand over the year.

    NZ Institute of Economic Research Senior Economist, Ting Huang, says labour markets tend to lag behind broader economic activity.

    She says demand's still pretty soft in the economy - so unemployment's likely to rise more in coming months.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     08 May: Wellington's housing market remains on the weaker end of the scale
     08 May: Transpower's preparing for the future - with a proposed 1.4-billion-dollar upgrade to the Cook Strait electricity cable
     08 May: The Finance Minister admits many Kiwis aren't getting as much work as they'd like to be
     07 May: Our labour market could take some time to strengthen
     07 May: Transpower says upgrading the Cook Strait electricity cable would come at a very small cost to consumers
     07 May: Property prices have fallen across country for a second time this year
     07 May: Businesses appear to be reducing full-time hires - at a time unemployment has stayed static
     Top Stories

    RUGBY RUGBY
    Kiwi boxer Lani Daniels has confirmed a July undisputed world heavyweight title fight against one of the biggest names in women's boxing - American Claressa Shields More...


    BUSINESS BUSINESS
    Wellington's housing market remains on the weaker end of the scale More...



     Today's News

    Basketball:
    The New York Knicks have their NBA eastern conference semi-finals on its head after claiming a second straight win at the higher seeded Boston Celtics 14:57

    Politics:
    The Prime Minister's defending the Government's changes to pay equity laws 14:57

    Entertainment:
    Smokey Robinson has been accused of sexual assault by four former employees 14:54

    Law and Order:
    The smell of smoke's still filling the air in Auckland's Glen Innes, where a building was engulfed in flames this morning 14:27

    Entertainment:
    Teddi Mellencamp opts to wear a wig on "crying days" 14:24

    Boxing:
    Kiwi boxer Lani Daniels has confirmed a July undisputed world heavyweight title fight against one of the biggest names in women's boxing - American Claressa Shields 14:07

    Entertainment:
    Ciara has hinted Rihanna is already thinking about potentially having a fourth child - just hours after announcing she is pregnant with her third baby 13:54

    International:
    Pakistan publicly vows revenge for India's air strikes, but signals willingness to de-escalate 13:47

    Rugby League:
    An awkward period for Brandon Smith - as the Kiwis hooker awaits likely confirmation of his early-than-expected move from the Roosters to the Rabbitohs 13:47

    Rugby League:
    Gold Coast utility AJ Brimson has been given clearance to switch his rugby league allegiance from Australia to England 13:27


     News Search






    Power Search


    © 2025 New Zealand City Ltd