Unemployment Rate in New Zealand
Unemployment rate stable in Q1
The seasonally-adjusted unemployment rate was stable at Q4 2022’s 3.4% in Q1.
Meanwhile, the underutilization rate—which includes both unemployment and underemployment—decreased to 9.0% in Q1 from 9.3% in Q4 2022.
New Zealand Unemployment Rate Chart
This chart displays Unemployment Rate for New Zealand from 2013 to 2022.
New Zealand Unemployment Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 4.8 | 4.3 | 4.1 | 4.6 | 3.8 |