New Zealand Unemployment Q1 2022

New Zealand

New Zealand: Unemployment rate stable in Q1

May 5, 2022

The seasonally-adjusted unemployment rate remained stable in Q1 at Q4 2021’s 3.2%, which had marked the lowest print since 1986.

Meanwhile, the underutilization rate—which includes both unemployment and underemployment—inched up to 9.3% from Q4 2021’s 9.2%.

FocusEconomics panelists are still assessing the latest developments.


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