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Redundancies, lack of jobs to blame for rising beneficiary numbers

Author
Newstalk ZB,
Publish Date
Tue, 15 Oct 2024, 8:39am
Photo / Getty
Photo / Getty

Redundancies, lack of jobs to blame for rising beneficiary numbers

Author
Newstalk ZB,
Publish Date
Tue, 15 Oct 2024, 8:39am

There’s a belief more redundancies are causing a rise in work ready Jobseekers. 

The Ministry of Social Development's September figures show a yearly increase of 29,000 people on a main benefit, a rise of 12%.  

Minister Louise Upston describes rising unemployment as a consequence of years of high inflation, high government spending, and economic recession. 

Employment specialist Jennifer Mills told Ryan Bridge there's also been a 33% drop in job advertisements in the last quarter, which shows there's not enough jobs. 

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