Markets, Mystics & Mayhem podcast: Ep43

Published on 12 August 2025

We’re delving into the details of the latest labour market report. Unemployment has lifted to a five-year high. And it would have been higher if not for the steeper-than-expected slide in the participation rate. Meanwhile, details under the headline rate portray an even weaker reality.

Beneath the bonnet: The Kiwi job market is weaker than it seems

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