New Zealand's Pacific employment rate fell to 60.8%, raising concerns over economic policies.

The Pacific employment rate in New Zealand dropped to 60.8% in September 2024, down from 63.3% last year, according to Stats NZ. The overall employment rate fell to 67.8%, a decrease from previous quarters. Pacific youth unemployment is at 24.4%, raising concerns from the Labour Party's finance spokesperson, Barbara Edmonds. Finance Minister Nicola Willis countered, emphasizing the need to build a stronger economy to create jobs, rather than increasing borrowing.

November 09, 2024
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