New Zealand unemployment rateNew Zealand unemployment rateNew Zealand unemployment rate

New Zealand unemployment rate

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Key data points

Last release
Observation period
Q1 2024
Next release
Forecast
Highest
11.20% on Sep 30, 1991
Lowest
3.20% on Mar 31, 2022

About New Zealand unemployment rate

Category
Labor
Source
Frequency
Quarterly
Units
%
In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

New Zealand unemployment rate reports history

Frequently Asked Questions

To calculate New Zealand unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever New Zealand unemployment rate is 3.20%.
The highest figure New Zealand unemployment rate has ever reached is 11.20%.
Last quarter New Zealand unemployment rate was 4.30%, and the quarter before that it amounted to 4.00%.