this post was submitted on 20 May 2024
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Another 26,000 'will be unemployed' before peak reached (www.rnz.co.nz)
submitted 6 months ago by BalpeenHammer to c/politics
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Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?

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[–] TagMeInSkipIGotThis 2 points 6 months ago

Oh right, sorry I didn't catch that part.

I guess its hard to know - because 26k probably includes people made redundant as part of the general downturn triggered by the reserve bank.