All labour market indicators point to weakness

This week we’re delving into the details of the latest Kiwi labour market report. The scars of the recession we’ve been through are still raw with every indicator in the unemployment report pointing to weakness. And youth are bearing the brunt of it. We break down the numbers and explore how they’re feeding into the broader inflation outlook. Plus, what it all means for monetary policy. Spoiler: it strengthens the case for more rate relief. Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado. Follow our economic commentary & insights here:https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.