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Job market sees increased competition as unemployment rises

Author
Newstalk ZB,
Publish Date
Thu, 2 May 2024, 8:24am
Photo / Getty
Photo / Getty

Job market sees increased competition as unemployment rises

Author
Newstalk ZB,
Publish Date
Thu, 2 May 2024, 8:24am

More people are competing for work for fewer opportunities as the unemployment rate's expected to keep rising. 

The unemployment rate is at 4.3 % in the March quarter, the highest it's been in three years. 

Business advisor and Pivot & Pace co-founder Kendall Langston told Mike Hosking that the difference between recent years and now is night and day. 

He says this time last year you'd be getting a handful of suitable applicants, but in the last couple of weeks there can be well over 60 quality applications for a role. 

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