Mike Hosking Breakfast

Does a rise in unemployment mean Adrian Orr had a good day? Did he say to himself the rate rises are working, this thing might not be as big a cluster as we had imagined. Or, did he look at those wage increases and freak out and think, ‘My god the cash rate can’t top out at 3.9’? Explain to me how there are more unemployed people, how did that happen? How can you not have a job when there are jobs all around you? How can there be more people without a job this morning when there are jobs galore in every industry every sector every part of the economy? How can employer, after sector, after industry all say the same thing ,they can’t get people ,they can’t pay enough, they advertise for months on end with no results. And yet, you and I the tax payer are forking out for another 2000 that allegedly lost their jobs between yesterday’s stats and the previous ones. The underutilised figure is more sensible, that went down . There are