Hon GRANT ROBERTSON: Well, ASB released an economic note on yesterday's labour market data saying that June quarter labour market statistics were undoubtedly stronger than expected but that we will still have to wait and see how the job market settles once the economy adjusts to its post-COVID normal. ASB economists did say that they expect the unemployment rate to rise from here but that the peak may be lower than first thought. I also saw one commentator say that what he always looks for is the labour force participation rate, which is "above all else, the most important number, and in good times it's up around 70 percent. Towards 69 to 70 percent, that's what we want. That's a good number." I'm once again pleased do inform Mike Hosking that the participation rate in the June quarter was 69.7 percent. 