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Unemployment to rise in New Zealand

Unemployment

Recent reports by most of economists have predicted that New Zealand’s unemployment would increase pat 5% this week; and thus the struggling businesses would be affected by the loosening labor market. 

Presently, the rate of unemployment taken from the December quarter is 4.7% and it has been forecasted by economists that number would be as high as 5.3% when the March quarter results come out on Thursday.

Auckland hits record high temperature

high temperature

Auckland has equaled the highest temperature recorded in the city.

ONE News weather expert Jim Hickey informed that on Thursday the mercury hit 32.4 degrees in West Auckland at around 4pm, which is equal to its highest recorded temperature of all time.

Hickey further informed that last time Auckland was that hot was 127 years ago in 1872.

Hickey explained that the excessive heat in the Auckland area comes as heavy rain is falling across the central North Island and top of the South Island, increasing river levels.

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