It's not just the public sector feeling the pain - and there is more to come across the country, economists say.

Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?

  • Dave@lemmy.nzM
    1·
    2 months ago

    But the article doesn’t say 26k public service workers, it says 26k people total. So the 26k forecast must surely include flow on impacts of the 4k+ public service jobs lost?

    • TagMeInSkipIGotThis@lemmy.nz
      2·
      2 months ago

      Oh right, sorry I didn’t catch that part.

      I guess its hard to know - because 26k probably includes people made redundant as part of the general downturn triggered by the reserve bank.