Labor Force Participation Rate in New Zealand remained unchanged at 70.40 percent in the second quarter of 2019 from 70.40 percent in the first quarter of 2019. Labor Force Participation Rate in New Zealand averaged 66.64 percent from 1986 until 2019, reaching an all time high of 71 percent in the third quarter of 2017 and a record low of 63 percent in the first quarter of 1993.

Labor Force Participation Rate in New Zealand is expected to be 70.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in New Zealand to stand at 70.70 in 12 months time. In the long-term, the New Zealand Labor Force Participation Rate is projected to trend around 71.20 percent in 2020, according to our econometric models.

New Zealand Labor Force Participation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-06 09:45 PM Participation Rate Q3 71.1% 70.9% 70.9% 71%
2019-02-06 09:45 PM Participation Rate Q4 70.9% 71% 71% 70.9%
2019-04-30 10:45 PM Participation Rate Q1 70.4% 70.9% 70.9% 71.1%
2019-08-05 10:45 PM Participation Rate Q2 70.4% 70.4% 70.5% 70.7%
2019-11-05 09:45 PM Participation Rate Q3 70.4% 70.5%


New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.20 11.20 3.30 percent [+]
Employed Persons 2680.00 2658.00 2680.00 1499.00 Thousand [+]
Unemployed Persons 109.00 115.00 189.00 69.00 Thousand [+]
Employment Change 0.80 -0.20 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.40 71.00 63.00 percent [+]
Labour Costs 1192.00 1184.00 1192.00 698.00 Index Points [+]
Productivity 124.48 124.63 126.93 86.54 Index Points [+]
Job Vacancies 200.05 200.67 207.35 55.20 Index Points [+]
Wages 32.42 32.04 32.42 13.07 NZD/Hour [+]
Wages in Manufacturing 30.68 30.64 30.68 12.44 NZD/Hour [+]
Minimum Wages 17.70 16.50 17.70 10.25 NZD/Hour [+]
Population 4.93 4.84 4.93 2.37 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Youth Unemployment Rate 10.30 13.10 15.30 10.20 percent [+]
Part Time Employment 537.00 528.00 555.00 264.00 Thousand [+]
Employment Rate 67.70 67.50 68.20 56.40 percent [+]
Full Time Employment 2147.00 2130.00 2147.00 1177.00 Thousand [+]


New Zealand Labor Force Participation Rate

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - New Zealand Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
70.40 70.40 71.00 63.00 1986 - 2019 percent Quarterly
SA




Country Last Previous
United Kingdom 79.20 Jun/19
France 72.00 Jun/19
Netherlands 71.20 Aug/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Russia 67.70 Mar/19
Singapore 67.70 Dec/18
Australia 66.20 Aug/19
Canada 65.80 Aug/19
Italy 65.80 Jul/19
South Korea 63.30 Aug/19
United States 63.20 Aug/19
Brazil 62.10 Jul/19
Japan 62.10 Jul/19
Germany 61.50 Mar/19
Mexico 60.50 Jun/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.10 Mar/19
Turkey 52.90 Jun/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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