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Podcast: When the Facts Change
Episode:

You deserve a raise
Category: News & Politics
Duration: 00:43:59
Publish Date: 2021-11-25 15:00:40
Description:

New Zealand’s Labour Cost Index showed a 2.4% wage increase last year. But when you set that against an inflation increase of 4.9% over the same period, in real terms the average New Zealander took a 2.5% pay cut. In a tight labour market, we should in theory all be marching into our boss’s office and asking for a raise – so why isn’t this happening? To find out, Bernard Hickey talks to CTU chief economist Craig Rennie and Kiwibank economist Mary Jo Vergara.

When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.


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