{"id":651771,"date":"2026-11-05T11:36:29","date_gmt":"2026-11-05T11:36:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/651771\/"},"modified":"2026-11-05T11:36:29","modified_gmt":"2026-11-05T11:36:29","slug":"national-blames-high-oil-prices-looming-election-for-rising-unemployment-rate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/651771\/","title":{"rendered":"National blames high oil prices, looming election for rising unemployment rate"},"content":{"rendered":"<p>National&#8217;s Finance Spokesperson is optimistic that despite the unemployment rate rising, another term in government would see things right.\u00a0<\/p>\n<p>Stats NZ data released yesterday saw the rate rise from 5.6% to 5.7% in the September quarter.\u00a0<\/p>\n<p>Nicola Willis told Mike Hosking our Official Cash Rate is much healthier than Australia&#8217;s, who are dealing with an 18 year high.\u00a0<\/p>\n<p>&#8220;Inflation is under better control and growth is returning; we&#8217;re doing what we can.&#8221;\u00a0<\/p>\n<p>She said high oil prices and an election had created uncertainty for businesses to employ workers.\u00a0<\/p>\n<p>&#8220;There&#8217;s a possible increase to taxes, a lot more borrowing and higher inflation and higher interest rates\u2026&#8221;\u00a0<\/p>\n<p>&#8220;We [National] will be able to find work; we have incentives in the welfare system to nudge them along and good training programmes in place.\u00a0<\/p>\n<p>&#8220;I&#8217;m also optimistic all of these fast-tracked projects will provide opportunities up and down regions not just in maim cities and the South Island.&#8221;\u00a0<\/p>\n<p>LISTEN ABOVE\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"National&#8217;s Finance Spokesperson is optimistic that despite the unemployment rate rising, another term in government would see things&hellip;\n","protected":false},"author":2,"featured_media":651772,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,252543,3556,271888,111,139,27296,69,241,152485],"class_list":["post-651771","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-election2026","tag-national","tag-nationalparty","tag-new-zealand","tag-newzealand","tag-nicolawillis","tag-nz","tag-unemployment","tag-unemploymentrate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/651771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=651771"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/651771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/651772"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=651771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=651771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=651771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}