More stunning news from NZs economic bounce back thanks to the incredible leadership of Jacinda and Labour with their go hard and going early strategy!
Thanks to borders closed and no migrant worker exploitation, or international student exploitation or hyper tourism exploitation – the unemployment level has CRASHED to a mere 4.9%!
Unemployment dropped back under 5 per cent in the December quarter, Statistics NZ says.
The shock drop in the seasonally-adjusted unemployment rate from 5.3 per cent to 4.9 per cent confounds even the most optimistic expectations of economists.
They had already been rapidly dialling back their expectations of how high unemployment might go this year, but still expected a modest increase in the jobless number during the final three months of 2020.
Soooooooooooo, now the unemployment rate has crashed, there are no excuses not to lift welfare payments. If the argument is too many lazy bums not working, well everyone is working.
Peer beneath the numbers and you sill see Women, Māori and Pacifica hurting the most. You’ll probably see a lot of people being moved to other welfare payments, you will see skyrocketing demand for food payments, you will see unprecedented need for food banks, you will see over crowding, motels used as social housing, and you will see many middle class and working class people refusing to seek help from the toxic WINZ altogether.
You’ve got your low unemployment numbers, now start doing something meaningful about poverty and inequality by doubling welfare payments.
What is the point of kindness is it doesn’t stop economic suffering?
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