New Zealand Unemployment Rate  1985-2016 | Data | Chart | Calendar

The jobless rate in new Zealand was recorded at 5.2 percent in the first three months of 2016, higher than 5 percent in the last quarter of 2015, revised figures showed. The unemployment rate for Q1 2016 had been previously reported at 5.7 percent. Unemployment Rate in New Zealand averaged 6.14 percent from 1985 until 2016, reaching an all time high of 11.20 percent in the third quarter of 1991 and a record low of 3.30 percent in the fourth quarter of 2007. Unemployment Rate in New Zealand is reported by the Statistics New Zealand.

New Zealand Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.00 11.20 3.30 1985 - 2016 percent Quarterly
In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - New Zealand Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-03 09:45 PM Q3 6% 5.9% 6.0% 5.9%
2016-02-02 09:45 PM Q4 5.3% 6% 6.1% 6%
2016-05-03 10:45 PM Q1 5.7% 5.4% 5.5% 5.3%
2016-08-02 10:45 PM Q2 5.2% 5%
2016-11-01 09:45 PM Q3 5.2%

New Zealand Unemployment Rate Up to 5.7%


The jobless rate in New Zealand rose to 5.7 percent in the first three months of 2016 from an upwardly revised 5.4 percent in the previous quarter. However, the labour force went up 1.5 percent, the largest quarterly increase since 2004, resulting in more people both employed and unemployed.

The number of unemployed persons increased 7.4 percent from the previous period to 144 thousand. Employment rose 1.2 percent to 2399 thousand, rising for men and women, including for women going into full-time employment (10,600 people). The working-age population went up 0.8 percent to 3685 thousand and labur force participation rate went up to 69 percent. 
 
A year earlier, the unemployment rate was higher at 5.8 percent. The number of unemployed people declined 0.3 percent and employment went up 2 percent, with nearly half of growth recorded in the Auckland region and in construction and professional services.
 
Annual wage inflation, as measured by the labour cost index, increased to 1.6 percent. Private sector wage inflation was up 1.8 percent, and public sector up 1.4 percent.

Statistics New Zealand | Joana Taborda | joana.taborda@tradingeconomics.com
5/4/2016 12:10:32 AM

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.00 11.20 3.30 percent [+]
Employed Persons 2399.00 2371.00 2399.00 1499.00 Thousand [+]
Unemployed Persons 132.00 125.00 189.00 69.00 Thousand [+]
Employment Change 1.20 1.00 1.70 -1.80 percent [+]
Labor Force Participation Rate 68.70 68.30 69.30 63.00 percent [+]
Labour Costs 1123.00 1119.00 1123.00 699.62 Index Points [+]
Productivity 169.04 171.61 171.61 117.96 Index Points [+]
Job Vacancies 135.40 137.20 137.20 55.20 Index Points [+]
Job Advertisements 39788.08 39346.00 55215.00 21288.00 [+]
Wages 29.48 29.41 29.48 13.07 NZD/Hour [+]
Wages in Manufacturing 3382.74 3320.58 3382.74 1638.97 NZD Million/Quarter [+]
Minimum Wages 14.75 13.75 14.25 10.25 NZD/Hour [+]
Population 4.60 4.51 4.60 2.37 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Full Time Employment 1875.00 1858.00 1875.00 1177.00 Thousand [+]
Part Time Employment 522.00 513.00 522.00 264.00 Thousand [+]




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Bolivia 7.40 Dec/13
Ecuador 7.40 Mar/16
Lithuania 7.40 Jun/16
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Oman 7.20 Dec/14
Comoros 7.00 Dec/12
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Brunei 6.90 Dec/14
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Canada 6.80 Jun/16
Chile 6.80 May/16
Nicaragua 6.80 Dec/14
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Lebanon 6.40 Dec/14
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Netherlands 6.10 Jun/16
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Australia 5.80 Jun/16
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Cayman Islands 5.60 Dec/15
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Russia 5.40 Jun/16
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Israel 4.80 May/16
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Bangladesh 4.30 Dec/14
Denmark 4.30 May/16
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Germany 4.20 May/16
Sri Lanka 4.20 Mar/16
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.05 Jun/16
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Cameroon 4.00 Dec/13
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Mexico 3.93 Jun/16
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