Unemployment expected to hit record low

An economist says low unemployment rates appear largely positive on the surface but is likely to cause financial headaches, especially for small businesses.
Unemployment is expected to hit a record low when the official numbers are released this morning.
ANZ economist, Finn Robinson, told Morning Report that falling unemployment can cause problems if wage growth is well ahead of productivity growth.
He says often this leaves businesses with no choice but to pass the increased wage costs on to customers, sparking more inflation.