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New Zealand WagesNN

New Zealand Wages

42.64NZD / HOURR
+0.58+1.38%
NZD / HOUR
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NZWAG chart


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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
42.64 NZD / HOUR on Dec 31, 2024
Lowest
13.03 NZD / HOUR on Mar 31, 1989

About New Zealand Wages


Category
Labor
Source
Stats NZ
Frequency
Quarterly
Units
NZD / HOUR
In New Zealand, wages are benchmarked using average hourly earnings.

NZEMC
R
Employment Change
−0.1%
NZEMP
R
Employed Persons
2.92 MPSN
NZEMR
R
Employment Rate
67.4%
NZFTE
R
Full Time Employment
2.33 MPSN
NZJA
R
Job Advertisements
44.34 KUNIT
NZJV
R
Job Vacancies
130.3POINT
NZLC
R
Labour Costs
1.41 KPOINT
NZLFPR
R
Labor Force Participation Rate
71%
NZMW
R
Minimum Wages
23.5NZD / HOUR
NZPOP
R
Population
5.36 MPSN
NZPROD
R
Productivity
126.29POINT
NZPTE
R
Part Time Employment
585 KPSN
NZRAM
R
Retirement Age Men
65YEAR
NZRAW
R
Retirement Age Women
65YEAR
NZUP
R
Unemployed Persons
156 KPSN
NZUR
R
Unemployment Rate
5.1%
NZWAG
R
Wages
42.64NZD / HOUR
NZWG
R
Wage Growth YoY
2.9%
NZWM
R
Wages In Manufacturing
39.36NZD / HOUR
NZYUR
R
Youth Unemployment Rate
13.5%