Labor Force Participation Rate in New Zealand decreased to 70.40 percent in the first quarter of 2019 from 70.90 percent in the fourth quarter of 2018. Labor Force Participation Rate in New Zealand averaged 66.62 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 70.70 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 70.80 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
2018-07-31 10:45 PM Participation Rate 70.9% 70.8% 70.8% 71%
2018-11-06 09:45 PM Participation Rate 71.1% 70.9% 70.9% 71%
2019-02-06 09:45 PM Participation Rate 70.9% 71% 71% 70.9%
2019-04-30 10:45 PM Participation Rate 70.4% 70.9% 70.9% 71.1%
2019-07-31 10:45 PM Participation Rate 70.4% 70.7%
2019-11-06 09:45 PM Participation Rate 70.9%


New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.30 11.20 3.30 percent [+]
Employed Persons 2658.00 2662.00 2662.00 1499.00 Thousand [+]
Unemployed Persons 116.00 120.00 189.00 69.00 Thousand [+]
Employment Change -0.20 0.10 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.90 71.00 63.00 percent [+]
Labour Costs 1185.00 1179.00 1185.00 700.00 Index Points [+]
Productivity 124.27 123.02 126.86 86.54 Index Points [+]
Job Vacancies 198.08 195.98 200.70 55.20 Index Points [+]
Job Advertisements 44341.92 46008.12 46008.12 14139.22 [+]
Wages 32.04 31.70 32.04 13.07 NZD/Hour [+]
Wages in Manufacturing 30.64 30.00 30.64 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 13.20 14.00 15.30 10.30 percent [+]
Part Time Employment 527.00 546.00 554.00 264.00 Thousand [+]
Employment Rate 67.50 67.80 68.20 56.40 percent [+]
Full Time Employment 2130.00 2113.00 2130.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
70.40 70.90 71.00 63.00 1986 - 2019 percent Quarterly
SA




Country Last Previous
United Kingdom 79.20 Mar/19
France 72.30 Mar/19
Netherlands 71.00 Apr/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Singapore 67.70 Dec/18
Australia 66.00 May/19
Canada 65.70 May/19
Italy 65.70 Apr/19
South Korea 64.00 May/19
United States 62.80 May/19
Japan 62.10 Apr/19
Russia 62.10 Feb/19
Brazil 61.90 Apr/19
Germany 61.80 Dec/18
Mexico 59.70 Apr/19
South Africa 58.80 Mar/19
Spain 58.35 Mar/19
Euro Area 57.40 Dec/18
Saudi Arabia 55.90 Dec/18
Turkey 53.30 Mar/19
India 49.80 Dec/18
Argentina 47.00 Mar/19


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