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Now Playing: Unemployment reaches a shock 7.3% (1:59)
Source: ONE News
New Zealand's unemployment rate has reached its highest level in a decade at 7.3% of the workforce
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Now Playing: Fragility of recovery underlined in unemployment (1:07)
Source: ONE News
The best we can hope for from Thursday's 7.3% unemployment figure is that the rate has peaked, says ONE News business expert Corin Dann
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Now Playing: Unemployment: Matt Nolan talks to TVNZ News at 8 ()
Source: ONE News
New Zealand's unemployment rate has risen far higher than thought to 7.3%. Infometrics economist, Matt Nolan, talks to TVNZ News at 8.
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