Unemployment in New Zealand

New Zealand Unemployment | Economic News & Forecasts

New Zealand - Unemployment

Unemployment rate rose in Q2

The seasonally-adjusted unemployment rate rose to 3.3% in Q2 from Q1’s 3.2%, which had marked the lowest print since 1986.

Meanwhile, the underutilization rate—which includes both unemployment and underemployment—inched down to 9.2% in Q2 from 9.3% in Q1.

FocusEconomics panelists are still assessing the latest developments.

New Zealand - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate5.4  5.1  4.7  4.3  4.1  

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New Zealand Unemployment Chart

New Zealand Unemployment
Note: Unemployment in % of active population.
Source: Statistics New Zealand and FocusEconomics calculations.

New Zealand Facts

Value Change Date
Bond Yield1.671.20 %Dec 30
Exchange Rate0.67-1.69 %Jan 01

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