Money Mail 182 - Why do people need to lose their jobs?

Published: Nov. 3, 2023, 11:27 p.m.

b'The unemployment rate has risen to 3.9% from 3.6% last quarter. It\\u2019s slowly increasing. Often people ask why we would want unemployment to increase? Shouldn\\u2019t we want more people working? Statistics NZ tells us that 118,000 people are currently unemployed. Why would we want this number to increase? Let\'s try and figure it out.

Hey thanks for listening! Please take some form of action from this content, don\\u2019t just be a consumer, become a producer! Make sure you\\u2019re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let\\u2019s get on with it.

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