The number of unemployed persons in New Zealand decreased to 111 Thousand in the second quarter of 2020 from 116 Thousand in the first quarter of 2020.

Unemployed Persons in New Zealand averaged 120.72 Thousand from 1986 until 2020, reaching an all time high of 189 Thousand in the third quarter of 1991 and a record low of 69 Thousand in the first quarter of 1987. This page provides - New Zealand Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Unemployed Persons - values, historical data and charts - was last updated on August of 2020. source: Statistics New Zealand

Unemployed Persons in New Zealand is expected to be 125.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in New Zealand to stand at 118.00 in 12 months time. In the long-term, the New Zealand Unemployed Persons is projected to trend around 120.00 Thousand in 2021 and 117.00 Thousand in 2022, according to our econometric models.

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New Zealand Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
111.00 116.00 189.00 69.00 1986 - 2020 Thousand Quarterly
Volume, SA

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.20 11.20 3.30 percent [+]
Employed Persons 2665.00 2661.00 2665.00 1499.00 Thousand [+]
Unemployed Persons 111.00 116.00 189.00 69.00 Thousand [+]
Employment Change -0.40 1.00 2.50 -1.80 percent [+]
Labor Force Participation Rate 69.70 70.50 70.90 63.00 percent [+]
Labour Costs 1218.00 1215.00 1218.00 699.62 points [+]
Productivity 125.77 127.91 128.24 86.54 points [+]
Job Vacancies 102.84 171.86 196.57 55.20 points [+]
Wages 33.37 33.20 33.37 13.07 NZD/Hour [+]
Wages in Manufacturing 31.34 31.23 31.34 12.44 NZD/Hour [+]
Minimum Wages 18.90 17.70 18.90 10.25 NZD/Hour [+]
Population 4.95 4.88 4.95 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 [+]
Full Time Employment 2131.00 2130.00 2147.00 1177.00 Thousand [+]
Part Time Employment 530.00 519.00 555.00 264.00 Thousand [+]
Employment Rate 67.50 67.30 68.00 56.40 percent [+]
Youth Unemployment Rate 14.00 11.70 15.30 10.30 percent [+]


New Zealand Unemployed Persons
In New Zealand, unemployed persons are individuals who are without a job and actively seeking to work.