Unemployment to stay higher longer as firms face slower recovery
Expectations that unemployment would peak in 2026 have faded as economic recovery slows, with more job losses ahead.
Hopes that unemployment would peak this year have diminished. Firms are facing a slower economic recovery than previously anticipated. Job losses are expected to continue as the recovery drags on.
Covered byNZ HeraldNot covered byRNZStuff1NewsNewstalk ZBOtago Daily TimesNewsroomThe SpinoffBusinessDeskinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
NZ Herald
More job losses coming as firms face slower recovery – The Economy of Everything
Hopes that unemployment would peak this year have faded.