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Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market

  • Written by: Cristóbal Castro Barrientos, PhD candidate, NZ Policy Research Institute, Auckland University of Technology
Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job marketMax Dallocco/Shutterstock

Despite Prime Minister Christopher Luxon’s reassurance that “some green shoots” are starting to show in the economy, including a 50 point cut in the official cash rate expected to be announced later today, the outlook for 2025 remains uncertain for many – and grim for some.

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