Key data points
Last release
—
Observation period
Q2 2024
Next release
—
Forecast
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Highest
11.20% on Sep 30, 1991
Lowest
3.20% on Mar 31, 2022
About New Zealand unemployment rate
In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Related indicators
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 4.60%, and the quarter before that it amounted to 4.40%.