Latest reading: The seasonally adjusted unemployment rate was unchanged at 4.1% in May for the fifth month running and in...
Unemployment in New Zealand
The unemployment rate in New Zealand averaged 5.4% in the decade to 2024, below the 5.4% average for Australia & New Zealand. The unemployment rate in New Zealand was 4.7% 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 2023 to 2022.
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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Australia: Unemployment rate unchanged for fifth consecutive month as expected in May -
United States: Job gains beat expectations in May Latest reading: Total non-farm payrolls grew by 139,000 in May, below the downwardly revised 147,000 gain in April but above... -
Euro Area: Unemployment rate falls in April Latest reading: In April, the seasonally adjusted unemployment rate fell to 6.2% from March’s upwardly revised 6.3%. The figure matched... -
Greece: Unemployment rate declines in April Latest reading: April’s data sent positive signals regarding the health of the labor market. The seasonally adjusted unemployment rate fell... -
Australia: Unemployment rate unchanged as expected in April Latest reading: The seasonally adjusted unemployment rate was unchanged at March’s 4.1% in April and in line with market estimates.... -
United States: Job gains beat expectations in April Latest reading: Total non-farm payrolls grew by 177,000 in April, below the downwardly revised 185,000 gain in March but above... -
Euro Area: Unemployment rate stable in March Latest reading: In March, the seasonally adjusted unemployment rate was unchanged at February’s upwardly revised 6.2%. As for the Eurozone’s...