The great worker crunch: unemployment hits record low

Businesses across all sectors are seriously struggling to find staff and fill job vacancies, and latest unemployment statistics out yesterday paint the stark reality. The jobless rate dropped to 3.4% from 4% in the second quarter, the lowest rate since the start of the Global Economic Crisis in 2008. All sectors are experiencing the worker crunch - including construction, agribusinesses, healthcare, retail, hospitality and technology. And with borders closed and migrant worker inflows slowed to a trickle, employers are competing to attract staff. Kathryn discusses the situation with independent economist Tony Alexander and Director of South Island firm Platinum Recruitment, Dean Delaney.