Unemployment is down, wages are up and economic growth is 2.3 per cent. So why is not everyone happy?
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Christchurch | Slowly, and then all of a sudden, New Zealand’s bubbly economy has turned positively frothy. Unemployment is down to 4 per cent flat, after the single-biggest drop since Statistics New Zealand started the current series in 1986. Workers wanting more hours also reduced. Wages are up and economic growth is 2.3 per cent.
So, why is not everyone happy?
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Original URL: https://www.afr.com/world/pacific/new-zealand-braces-for-hard-medicine-in-a-froth-and-bubble-economy-20210806-p58gfy
