Latest reading: U.S. nonfarm payrolls increased by just 22,000 in August 2025, falling well short of market expectations. Job gains...
Unemployment in New Zealand
The unemployment rate in New Zealand averaged 4.5% in the decade to 2024, same level as the % average for . The unemployment rate in New Zealand was 4.8% in 2024. For more information on unemployment, visit our dedicated page.
New Zealand Unemployment Chart
Note: This chart displays Unemployment Rate for New Zealand from 2014 to 2024.
Source: Macrobond.
New Zealand Unemployment Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 4.6 | 3.8 | 3.3 | 3.8 | 4.8 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects New Zealand unemployment projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for New Zealand unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our New Zealand unemployment projections.
Want to get access to the full dataset of New Zealand unemployment forecasts? Send an email to info@focus-economics.com.
Latest Global Unemployment News
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United States: Job gains undershoot expectations in August -
Greece: Unemployment rate falls in July Latest reading: July’s data sent positive signals regarding the health of the labor market. The seasonally adjusted unemployment rate declined... -
Euro Area: Unemployment rate falls in July Latest reading: In July, the seasonally adjusted unemployment rate fell to a record-low 6.2% from June’s upwardly revised 6.3%. As... -
Australia: Labor market has strong start to Q3 Latest reading: The seasonally adjusted unemployment rate eased to 4.2% in July 2025, slipping from 4.3% in June—the highest level... -
United States: Job gains undershoot expectations in July Latest reading: U.S. nonfarm payrolls increased by just 73,000 in July 2025, falling well short of the anticipated 110,000. The... -
Euro Area: Unemployment rate stable in June Latest reading: In June, the seasonally adjusted unemployment rate was stable at May’s downwardly revised record-low 6.2%. As for the... -
Spain: Unemployment rate declines in Q2 Latest reading: The unemployment rate fell to 10.3% in Q2 from 11.4% in Q1. Q2’s print surprised markets on the...