Gyles Beckford
RNZ business editor who provides analysis of labour market and economic data, including unemployment and wage trends.
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Feb 3, 2026 • 7min
Unemployment rises to a 10 year high of 5.4 percent
Gyles Beckford, RNZ business editor who analyzes labour and economic data, breaks down a surprising unemployment rise to 5.4%. He explains why job gains coincided with higher unemployment. Short segments cover workforce re-entry, a jump in part-time roles and women returning, youth underutilisation, slow wage growth vs inflation, and what this could mean for interest-rate decisions.
