Youth Unemployment Rate in New Zealand decreased to 10.90 percent in the second quarter of 2018 from 12.40 percent in the first quarter of 2018. Youth Unemployment Rate in New Zealand averaged 11.95 percent from 2004 until 2018, reaching an all time high of 15.30 percent in the fourth quarter of 2009 and a record low of 10.30 percent in the first quarter of 2004.

Youth Unemployment Rate in New Zealand is expected to be 10.94 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in New Zealand to stand at 11.22 in 12 months time. In the long-term, the New Zealand Youth Unemployment Rate is projected to trend around 11.31 percent in 2020, according to our econometric models.

New Zealand Youth Unemployment Rate
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New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.40 11.20 3.30 percent [+]
Employed Persons 2663.00 2633.00 2663.00 1499.00 Thousand [+]
Unemployed Persons 109.00 122.00 189.00 69.00 Thousand [+]
Employment Change 1.10 0.50 2.50 -1.80 percent [+]
Labor Force Participation Rate 71.10 70.90 71.10 63.00 percent [+]
Labour Costs 1174.00 1168.00 1174.00 700.00 Index Points [+]
Productivity 168.99 167.97 171.61 117.96 Index Points [+]
Job Vacancies 194.99 191.07 200.70 55.20 Index Points [+]
Job Advertisements 46008.12 45508.88 46008.12 14139.22 [+]
Wages 31.39 31.08 31.39 13.07 NZD/Hour [+]
Wages in Manufacturing 29.92 29.37 29.92 12.44 NZD/Hour [+]
Minimum Wages 16.50 15.75 16.50 10.25 NZD/Hour [+]
Population 4.84 4.75 4.84 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 10.90 12.40 15.30 10.30 percent [+]
Part Time Employment 554.00 545.00 554.00 264.00 Thousand [+]
Employment Rate 68.30 67.80 68.30 56.40 percent [+]
Full Time Employment 2107.00 2093.00 2107.00 1177.00 Thousand [+]


New Zealand Youth Unemployment Rate

This page provides - New Zealand Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.90 12.40 15.30 10.30 2004 - 2018 percent Quarterly
SA




Country Last Previous
South Africa 52.80 Sep/18
Spain 34.90 Oct/18
Italy 32.50 Oct/18
France 21.50 Oct/18
Turkey 20.80 Aug/18
Euro Area 17.30 Oct/18
India 12.90 Dec/13
Australia 11.30 Oct/18
United Kingdom 11.30 Aug/18
Canada 10.80 Nov/18
United States 8.30 Oct/18
South Korea 8.10 Nov/18
Netherlands 7.20 Oct/18
Germany 6.20 Oct/18
Japan 3.40 Oct/18
Switzerland 2.40 Nov/18


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