{"id":17164,"date":"2020-04-14T13:48:34","date_gmt":"2020-04-14T04:48:34","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/apr\/14\/new-zealand-jobless-rate-could-hit-13-even-if-lockdown-ends-next-week-modelling-suggests"},"modified":"2020-04-14T13:48:34","modified_gmt":"2020-04-14T04:48:34","slug":"new-zealand-jobless-rate-could-hit-13-even-if-lockdown-ends-next-week-modelling-suggests","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=17164","title":{"rendered":"New Zealand jobless rate could hit 13% even if lockdown ends next week, modelling suggests"},"content":{"rendered":"<p>Treasury modelling shows unemployment could ease to 8.5% with a larger fiscal stimulus<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/world\/series\/coronavirus-live\/latest\">Coronavirus \u2013 latest updates<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/world\/coronavirus-outbreak\">See all our coronavirus coverage<\/a><\/li>\n<\/ul>\n<p>New modelling from the Treasury has painted a dire picture of New Zealand\u2019s economic prospects for the next year, with a surge in unemployment to as much as 13% even if Covid-19 infections are contained and lockdown rules eased after the initial four weeks.<\/p>\n<p>A jobless rate of up to 26% \u2013 and a fall in GDP of 23% \u2013 is predicted if the country is forced to remain in its strictest level of shutdown for a total of six months before moving to marginally lighter measures.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/apr\/14\/new-zealand-jobless-rate-could-hit-13-even-if-lockdown-ends-next-week-modelling-suggests\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury modelling shows unemployment could ease to 8.5% with a larger fiscal stimulusCoronavirus \u2013 latest updatesSee all our coronavirus coverageNew modelling from the Treasury has painted a dire picture of New Zealand\u2019s economic prospects for the nex&#8230;<\/p>\n","protected":false},"author":569,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,1069,914,56,299,42],"tags":[],"class_list":["post-17164","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-coronavirus-outbreak","category-infectious-diseases","category-new-zealand","category-science","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/17164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/569"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17164"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/17164\/revisions"}],"predecessor-version":[{"id":17165,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/17164\/revisions\/17165"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}