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New Zealand Unemployment Rate

Last Release
Mar 31, 2022
Actual
3.2
Forecast
N/A
Previous
3.2
Frequency
Quarterly
Units In
%
Next Release
Aug 02, 2022
Time to Release
2 Months 10 Days 4 Hours
Highest
Lowest
Average
Date Range
Source
11.2
Sep 1991
3.2
Dec 2021
5.87 %1985-2022Statistics New Zealand
In New Zealand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

New Zealand's unemployment rate remained unchanged at an all-time low of 3.2 percent in the first quarter of 2022, in line with market expectations. The employment rate rose to 68.6 percent from 68.8 percent the previous quarter, as population growth outpaced the rise in employment. The number of employed people remained steady over the quarter, rising by 2,000 people to 2,826,000. The labour force participation rate was 70.9 percent, down slightly from 71.1 percent. Meanwhile, the underutilization rate was 9.3 percent, up slightly from 9.2 percent, primarily from growth in available potential jobseekers – those who want and are available to work, but not currently looking.

New Zealand Unemployment Rate History

Last 12 readings

A Look at the Markets

Educational Pieces on Marco Indicators

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New Zealand Labour Indicators

All New Zealand indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Employment Change
0.1
Mar 2022
0.1
Dec 2021
-1.8
Mar 2009
2.6
Jun 2016
%Quarterly1986-2022
Employment Rate
68.6
Mar 2022
68.8
Sep 2021
56.4
Dec 1991
68.8
Sep 2021
%Quarterly1986-2022
Full Time Employment
2,277
Mar 2022
2,270
Dec 2021
1,177
Mar 1992
2,277
Mar 2022
ThousandQuarterly1986-2022
Job Vacancies
261.59
Mar 2022
251.54
Dec 2021
55.2
Jul 2009
261.59
Mar 2022
index pointsQuarterly2007-2022
Labor Force Participation Rate
70.9
Mar 2022
71.1
Dec 2021
63
Mar 1993
71.2
Sep 2017
%Quarterly1986-2022
Labour Costs
1,271
Mar 2022
1,263
Dec 2021
699.62
Dec 1992
1,271
Mar 2022
PointsQuarterly1992-2022
Minimum Wages
21.2
Apr 2022
20
Apr 2021
10.25
Dec 2006
21.2
Apr 2022
NZD/HourYearly2006-2022
Part Time Employment
547
Mar 2022
567
Dec 2021
264
Mar 1986
567
Dec 2021
ThousandQuarterly1986-2022
Population
5.11
Dec 2020
4.95
Dec 2019
2.37
Dec 1960
5.11
Dec 2020
MillionYearly1960-2020
Productivity
127.23
Dec 2021
123.59
Sep 2021
86.54
Sep 1987
132.01
Jun 2021
PointsQuarterly1987-2021
Retirement Age Men
65
Dec 2020
65
Dec 2019
65
Dec 2009
65
Dec 2009
Yearly2009-2020
Retirement Age Women
65
Dec 2020
65
Dec 2019
65
Dec 2009
65
Dec 2009
Yearly2009-2020
Unemployed Persons
94
Mar 2022
93
Dec 2021
69
Mar 1987
189
Sep 1991
ThousandQuarterly1986-2022
Unemployment Rate
3.2
Mar 2022
3.2
Dec 2021
3.2
Dec 2021
11.2
Sep 1991
%Quarterly1985-2022
Wages
36.24
Mar 2022
35.65
Dec 2021
13.07
Mar 1989
36.24
Mar 2022
NZD/HourQuarterly1989-2022
Wages In Manufacturing
34.17
Mar 2022
33.46
Dec 2021
12.44
Jun 1989
34.17
Mar 2022
NZD/HourQuarterly1989-2022
Youth Unemployment Rate
9.59
Mar 2022
8.83
Dec 2021
8.83
Dec 2021
15.3
Dec 2009
%Quarterly2004-2022

Unemployment Rate across Pacific

Unemployment Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Australia
3.9
Apr 2022
3.9
Mar 2022
3.9
Mar 2022
11.2
Dec 1992
% Monthly1978-2022
Fiji
4.8
Dec 2020
4.2
Dec 2019
3.6
Dec 2008
9.4
Dec 1988
% Yearly1982-2020
New Caledonia
16.5
Dec 2020
10.9
Dec 2019
10.9
Dec 2019
19.2
Dec 1993
% Yearly1989-2020
New Zealand
3.2
Mar 2022
3.2
Dec 2021
3.2
Dec 2021
11.2
Sep 1991
% Quarterly1985-2022
Papua New Guinea
2.7
Dec 2020
2.4
Dec 2019
2.4
Dec 2007
2.9
Dec 2000
% Yearly1991-2020

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