1 00:00:00,040 --> 00:00:02,440 Speaker 1: Now could have been a coordinated knife to the government's heart, really, 2 00:00:02,440 --> 00:00:04,560 Speaker 1: couldn't it. On the day the unemployment rate went up, 3 00:00:05,280 --> 00:00:07,720 Speaker 1: the Warehouse offered a real world example of the problem 4 00:00:07,720 --> 00:00:10,039 Speaker 1: by announcing another two hundred and seventy would be added 5 00:00:10,080 --> 00:00:12,719 Speaker 1: to the pile as they look to save an outsource 6 00:00:12,760 --> 00:00:15,960 Speaker 1: and generally reorganize themselves. The irony well lost in the 7 00:00:16,000 --> 00:00:17,759 Speaker 1: throng of those who look to use the headline for 8 00:00:17,800 --> 00:00:20,079 Speaker 1: political gain was the fact that the number of people 9 00:00:20,079 --> 00:00:22,800 Speaker 1: employed is actually up. It's up by fifteen thousand. But 10 00:00:22,800 --> 00:00:25,520 Speaker 1: but the headlines the headline, and five point four is 11 00:00:25,520 --> 00:00:27,280 Speaker 1: not five point three or fire point two, And so 12 00:00:27,600 --> 00:00:30,400 Speaker 1: it makes Gareth Kennon that infametrics more right than any 13 00:00:30,440 --> 00:00:33,360 Speaker 1: government member would have hoped. Five point four is dejavus. 14 00:00:33,360 --> 00:00:35,800 Speaker 1: It's Feb twenty five all over again. A lot to 15 00:00:35,800 --> 00:00:38,520 Speaker 1: be pleased about, yes, but the big prize, the tale 16 00:00:38,560 --> 00:00:42,600 Speaker 1: at the end of the economic dog, jobs didn't wag, 17 00:00:43,280 --> 00:00:45,400 Speaker 1: and that old chestnut of Auckland back to haunt us 18 00:00:45,400 --> 00:00:47,519 Speaker 1: as well. Highest jobless rates to be found in the 19 00:00:47,520 --> 00:00:50,080 Speaker 1: big cities Auckland close to six percent, Wellington close to 20 00:00:50,120 --> 00:00:53,080 Speaker 1: six percent, Hamilton close to six percent. If the cities 21 00:00:53,120 --> 00:00:56,120 Speaker 1: don't fire, the country doesn't fire, it will of course. 22 00:00:56,520 --> 00:00:58,680 Speaker 1: I mean the vibe in Auckland's palpable in a variety 23 00:00:58,720 --> 00:01:01,880 Speaker 1: of different ways. Positive is well and truly back. But 24 00:01:01,960 --> 00:01:06,240 Speaker 1: it takes time, and in election year, time is of 25 00:01:06,319 --> 00:01:09,319 Speaker 1: the essence. Luxean's pitch so far this year is spot on. 26 00:01:09,840 --> 00:01:13,280 Speaker 1: Talking about recovery is one thing. You've got to feel it. 27 00:01:13,640 --> 00:01:16,120 Speaker 1: The real trouble in these numbers is not the headline. 28 00:01:16,160 --> 00:01:18,840 Speaker 1: It's one those who need more workwhiy cost of living. 29 00:01:19,120 --> 00:01:21,600 Speaker 1: There is a big uptack of women back in the workforce. 30 00:01:21,640 --> 00:01:24,319 Speaker 1: Ask yourself why too. The young people fifteen to twenty 31 00:01:24,319 --> 00:01:27,200 Speaker 1: four is over sixteen percent. Now it's always high, yes, 32 00:01:27,280 --> 00:01:30,120 Speaker 1: but this is too high. Anyone with offspring in this 33 00:01:30,200 --> 00:01:33,160 Speaker 1: age group knows the struggle. Our youngest has work just 34 00:01:33,400 --> 00:01:37,240 Speaker 1: but she hustled. And three Australia. Say what you want 35 00:01:37,240 --> 00:01:39,080 Speaker 1: about the price of a house and the inflation rate, 36 00:01:39,120 --> 00:01:41,880 Speaker 1: and they are real issues. And Australia is in trouble 37 00:01:42,080 --> 00:01:45,360 Speaker 1: over this period of the year economically speaking. That apples 38 00:01:45,360 --> 00:01:47,880 Speaker 1: and apples, jobs and jobs they kill us. This is 39 00:01:47,920 --> 00:01:50,160 Speaker 1: not a stat for nuance and subtlety. You can't pick 40 00:01:50,200 --> 00:01:52,560 Speaker 1: out some vague highlight like a regional, a sector or 41 00:01:52,560 --> 00:01:56,200 Speaker 1: an industry and try and milk it. Unemployment got worse, 42 00:01:56,840 --> 00:01:59,520 Speaker 1: full stop, with all the rest of it in place 43 00:02:00,160 --> 00:02:02,560 Speaker 1: looking so much better, and there is a recovery on 44 00:02:02,760 --> 00:02:05,800 Speaker 1: and it will come right right here, right now. Though 45 00:02:05,840 --> 00:02:08,680 Speaker 1: this week the job stat for a government relying on 46 00:02:08,760 --> 00:02:11,680 Speaker 1: economic credibility took a right hook and will be dazed 47 00:02:12,360 --> 00:02:15,280 Speaker 1: for more from the Mic Asking Breakfast. Listen live to 48 00:02:15,360 --> 00:02:18,440 Speaker 1: News Talk Set B from six am weekdays, or follow 49 00:02:18,480 --> 00:02:20,000 Speaker 1: the podcast on iHeartRadio.