New jobs data out today spells worry for New Zealand’s economy.
The unemployment rate was 5.4% in the December 2025 quarter – the highest since September 2015.
Most banks had expected unemployment to hold steady at 5.3%, ASB was a bit more bullish picking 5.2%.
It means 165,000 people were unemployed last quarter – a quarterly increase of 5,000 people...
But, what does it all mean? What sectors are struggling? And can the government keep calling it all the “mess they inherited”?
Today on The Front Page, NZ Herald business editor at large, Liam Dann, is with us to dive into the data.
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