Unemployment set to rise in New Zealand: Ardern

New Zealand: Jacinda Ardern says New Zealand has a tough winter ahead with the unemployment rate looking to increase. The Prime Minister fronted media yesterday ahead of the Government’s Budget announcement this afternoon.

While she didn’t go into much detail about the Budget, Ms Ardern says the coming months and years will be challenging and the Government’s main focus for the Budget will be on jobs.

“Around the world, unemployment will rise, significantly, businesses will fail and close, Government revenue will decline. And we will feel the pain here too. New Zealand is about to enter a very tough winter.”

TVZI