New Zealand Unemployment Rate 1985-2015 | Data | Chart | Calendar

Unemployment Rate in New Zealand increased to 5.70 percent in the fourth quarter of 2014 from 5.40 percent in the third quarter of 2014. Unemployment Rate in New Zealand averaged 6.27 percent from 1985 until 2014, reaching an all time high of 11.20 percent in the third quarter of 1991 and a record low of 3.50 percent in the fourth quarter of 2007. Unemployment Rate in New Zealand is reported by the Statistics New Zealand.

      Forecast    
New Zealand Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.40 11.20 3.50 1985 - 2014 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. Content for - New Zealand Unemployment Rate - was last refreshed on Tuesday, March 31, 2015.


New Zealand Jobless Rate Rises to 5.7% in Q4


New Zealand unemployment rate increased to 5.7 percent in the December 2014 quarter, while the labour force participation rate reached a record 69.7 percent.

Employment didn’t keep up with the record number of people entering the labour force, so even though employment growth was also strong over the quarter, the unemployment rate increased. 

Annually, the number of people employed rose 3.5 percent to 2,375 Million in the Household Labour Force Survey (HLFS). While Auckland and Canterbury remain key contributors to national employment growth, employment growth in Canterbury eased in the year to the December 2014 quarter compared with previous quarters.

In the Quarterly Employment Survey (QES), the number of filled jobs reported by businesses rose 2.5 percent.

Annual wage inflation, as measured by the labour cost index (LCI), increased 1.8 percent, compared with annual consumer price inflation of 0.8 percent. Average hourly earnings (QES) rose 2.6 percent over the year.

Statistics New Zealand | anna@tradingeconomics.com
2/3/2015 10:24:47 PM


Recent Releases

New Zealand Unemployment Rate Falls in Q3
New Zealand jobless rate decreased to 5.4 percent in the third quarter of 2014 from 5.6 percent in the previous period. It is the lowest rate in more than five years. Published on 2014-11-04

New Zealand Unemployment Rate Unchanged at 6%
In the first quarter of 2014, New Zealand jobless rate remained unchanged at 6 percent. The labour force participation and employment rates both increased 0.4 percentage points over the quarter, with growth seen across a number of regions, industries, and demographics. Published on 2014-05-07


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-08-05 11:45 PM
Unemployment Rate  Q2
5.6% 6.0% 5.8% 5.8%
2014-11-04 09:45 PM
Unemployment Rate  Q3
5.4% 5.6% 5.4% 5.5%
2015-02-03 09:45 PM
Unemployment Rate  Q4
5.7% 5.4% 5.2%
2015-05-05 11:45 PM
Unemployment Rate  Q1
5.3%
2015-08-05 11:45 PM
Unemployment Rate  Q2
5.2%
2015-11-04 09:45 PM
Unemployment Rate  Q3
5.2%


New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.40 11.20 3.50 percent [+]
Employed Persons 2375.00 2347.00 2375.00 1500.00 Thousand [+]
Employment Change 1.20 0.80 1.70 -1.70 percent [+]
Unemployed Persons 143.00 135.00 189.00 69.00 Thousand [+]
Productivity 164.36 164.53 165.86 117.96 Index Points [+]
Labor Force Participation Rate 69.70 69.00 69.20 63.00 percent [+]
Wages 28.79 28.66 28.79 13.07 NZD [+]
Wages in Manufacturing 3376.83 3230.73 3376.83 1638.97 NZD Million [+]
Labour Costs 1102.00 1096.00 1102.00 699.62 Index Points [+]
Population 4.51 4.42 4.51 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 [+]
Minimum Wages 14.25 13.75 14.25 10.25 NZD/Month [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Feb/15 6.40 10.90 4.00 percent [+]
Brazil 5.90 Feb/15 5.30 13.10 4.30 percent [+]
Canada 6.80 Feb/15 6.60 13.10 2.90 percent [+]
China 4.10 Dec/14 4.10 4.30 3.90 percent [+]
Euro Area 11.30 Feb/15 11.40 12.00 7.20 percent [+]
France 10.40 Nov/14 10.30 10.80 7.20 percent [+]
Germany 4.80 Feb/15 4.80 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.70 Feb/15 12.60 13.20 5.90 percent [+]
Japan 3.50 Feb/15 3.60 5.60 1.00 percent [+]
Mexico 4.33 Feb/15 4.51 5.93 2.22 percent [+]
Netherlands 7.10 Feb/15 7.20 8.80 3.40 percent [+]
Russia 5.80 Feb/15 5.50 14.10 4.80 percent [+]
South Korea 3.90 Feb/15 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.50 Feb/15 3.50 5.40 1.60 percent [+]
Turkey 10.90 Dec/14 10.70 16.10 8.00 percent [+]
United Kingdom 5.70 Jan/15 5.70 12.00 3.40 percent [+]
United States 5.50 Feb/15 5.70 10.80 2.50 percent [+]