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NZ Economy Under Observation / News of the Money-World #46

NZ Everyday Investor

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The Relationship Between Interest Rates and Unemployment

Arnold: Since the coved crisis has of happened, we've had a very unusual experience around the world where we had mess of amounts of stimulus pumped into the economy. And at just l a huge increase in demand all around the world for everything basically and am. Ye,. We we fell into a lot of supply sid issues around am trade around the world, armed with clogg ports just just not been able to cope with that. Armen, this increasing demand has just led to verya sharp falls an the unemployment rate, very unexpectedly. So, so new zealand’s not the only one. And that im in that position.

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