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flag New Zealand faces severe job losses, especially in construction, with 18,000 workers leaving since 2023.

flag New Zealand's construction sector is facing severe job losses, with 18,000 workers leaving since 2023, according to Labour Leader Chris Hipkins, who blames the National party's policies. flag The job market is struggling, with a 0.1% increase in filled jobs in June, following job ad declines and significant losses in the construction and manufacturing sectors. flag The unemployment rate is expected to rise, and the Reserve Bank may cut interest rates. flag Young workers are particularly affected, with a 10% decrease in jobs for those aged 15 to 19.

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