New Zealand: Unemployment rate
* indicates monthly or quarterly data series
The most recent value is 4.6 percent as of June 2024, an increase compared to the previous value of 4.4 percent. Historically, the average for New Zealand from March 1986 to June 2024 is 5.74 percent. The minimum of 3.2 percent was recorded in December 2007, while the maximum of 11.4 percent was reached in March 1992.
Click on the following link to see the values of: Unemployment rate around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics New Zealand
| Recent values | New Zealand: Unemployment rate, percent |
|---|---|
| 2024 Jun | 4.6 |
| 2024 Mar | 4.4 |
| 2023 Dec | 4 |
| 2023 Sep | 3.9 |
| 2023 Jun | 3.6 |
| 2023 Mar | 3.4 |
| 2022 Dec | 3.4 |
| 2022 Sep | 3.3 |
Download data from our database
Definition: The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 3.03 | 2023 | million people |
| Unemployment rate | 3.74 | 2023 | percent |
| Female unemployment | 3.93 | 2023 | percent |
| Male unemployment | 3.55 | 2023 | percent |
| Youth unemployment | 10.66 | 2023 | percent |
| Labor force participation | 72.09 | 2023 | percent |
| Labor force: percent female | 47.61 | 2023 | percent |
| Female labor force participation | 67.57 | 2023 | percent |
| Male labor force participation | 76.76 | 2023 | percent |
| Self-employment | 23.09 | 2022 | percent |
| Employment | 2.94 | Q3/2023 | million employed people |
| Unemployment rate | 3.90 | 9/2023 | percent |
| Labor cost | 1,356.00 | Q3/2023 | index points |