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

Unemployment Rate in New Zealand remained unchanged at 5.80 percent in the first quarter of 2015 from 5.80 percent in the fourth quarter of 2014. Unemployment Rate in New Zealand averaged 6.27 percent from 1985 until 2015, 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
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.80 11.20 3.50 1985 - 2015 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, July 7, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-04 09:45 PM Q3 5.4% 5.6% 5.4% 5.5%
2015-02-03 09:45 PM Q4 5.7% 5.4% 5.2%
2015-05-05 11:45 PM Q1 5.8% 5.8% (R) 5.5% 5.6%
2015-08-05 11:45 PM Q2 5.8% 6%
2015-11-04 09:45 PM Q3 6.2%


New Zealand Unemployment Rate Unchanged in Q1


In the first quarter of 2015, New Zealand jobless rate remained unchanged at 5.8 percent, while the labour force participation rate reached an all-time high of 69.6 percent.

“This is the greatest share of New Zealanders we have ever seen in the labour force. The largest increase came from 20 to 34-year-olds, who accounted for nearly half this year’s increase,” labour market and households statistics manager Diane Ramsay said.

Over the year to the latest quarter, the number of people employed increased 74,000 (3.2 percent) while the number of people unemployed fell 1,000 (0.6 percent), as measured by the Household Labour Force Survey.

“We saw strong employment growth over the year, with Auckland and Canterbury making the most significant contributions,” Ms Ramsay said.

The employment rate was unchanged, at 65.5 percent. However, the rate for men reached its highest level since the December 2008 quarter. The female employment rate was down slightly from last quarter's record high.

Annual wage inflation, as measured by the labour cost index, was steady, at 1.7 percent, while consumer price inflation remained low. Average hourly earnings, as measured by the Quarterly Employment Survey, increased 2.1 percent for the year, the lowest increase since the year to the June 2013 quarter.

Statistics New Zealand | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/6/2015 12:16:28 AM


Recent Releases

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.
Published on 2015-02-03

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

New Zealand Unemployment Rate Falls in Q4 2013
In the fourth quarter of 2013, New Zealand jobless rate decreased to 6 percent from 6.2 percent in the previous quarter. There were 24,000 more people employed, following an additional 28,000 in the September quarter.
Published on 2014-02-04


New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.80 11.20 3.50 percent [+]
Employed Persons 2355.00 2339.00 2355.00 1500.00 Thousand [+]
Employment Change 0.70 1.20 1.70 -1.70 percent [+]
Unemployed Persons 146.00 143.00 189.00 69.00 Thousand [+]
Productivity 166.67 166.89 166.89 117.96 Index Points [+]
Labor Force Participation Rate 69.60 69.40 69.60 63.00 percent [+]
Wages 28.78 28.79 28.79 13.07 NZD/Hour [+]
Wages in Manufacturing 3320.58 3376.83 3376.83 1638.97 NZD Million/Quarter [+]
Labour Costs 1105.00 1102.00 1105.00 699.62 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 [+]
Job Advertisements 36541.00 36504.00 55215.00 21288.00 [+]
Job Vacancies 119.10 119.40 123.60 55.20 Index Points [+]
Minimum Wages 14.25 13.75 14.25 10.25 NZD/Month [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.00 May/15 6.10 10.90 4.00 percent [+]
Brazil 6.70 May/15 6.40 13.10 4.30 percent [+]
Canada 6.80 May/15 6.80 13.10 2.90 percent [+]
China 4.10 Mar/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 May/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 May/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.40 May/15 12.40 13.20 5.90 percent [+]
Japan 3.30 May/15 3.30 5.60 1.00 percent [+]
Mexico 4.45 May/15 4.31 5.93 2.22 percent [+]
Netherlands 6.90 May/15 7.00 7.90 3.60 percent [+]
Russia 5.60 May/15 5.80 14.10 4.80 percent [+]
South Korea 3.90 May/15 3.70 7.10 2.90 percent [+]
Spain 23.78 Mar/15 23.70 26.94 4.41 percent [+]
Switzerland 3.20 May/15 3.30 5.40 1.60 percent [+]
Turkey 10.60 Mar/15 11.20 14.80 7.30 percent [+]
United Kingdom 5.50 Apr/15 5.50 12.00 3.40 percent [+]
United States 5.30 Jun/15 5.50 10.80 2.50 percent [+]