The labour force participation rate was 70.9 percent in the first quarter of 2022, down slightly from 71.1 percent in the previous period, below market expectations of 71.1 percent. source: Statistics New Zealand

Labor Force Participation Rate in New Zealand averaged 66.95 percent from 1986 until 2022, reaching an all time high of 71.20 percent in the third quarter of 2017 and a record low of 63 percent in the first quarter of 1993. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Labor Force Participation Rate in New Zealand is expected to be 71.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Labor Force Participation Rate is projected to trend around 70.80 percent in 2023 and 71.20 percent in 2024, according to our econometric models.

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New Zealand Labor Force Participation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-02-01 09:45 PM Q4 71.1% 71.2% 71.2% 71.3%
2022-05-03 10:45 PM Q1 70.9% 71.1% 71.1% 71.2%
2022-08-02 10:45 PM Q2 70.9%

Related Last Previous Unit Reference
Unemployment Rate 3.20 3.20 percent Mar 2022
Unemployed Persons 94.00 93.00 Thousand Mar 2022
Employed Persons 2826.00 2824.00 Thousand Mar 2022
Employment Change 0.10 0.10 percent Mar 2022
Labor Force Participation Rate 70.90 71.10 percent Mar 2022
Labour Costs 1271.00 1261.00 points Mar 2022
Productivity 127.41 127.23 points Mar 2022
Wages 36.24 35.65 NZD/Hour Mar 2022
Wages in Manufacturing 34.17 33.46 NZD/Hour Mar 2022
Population 5.11 4.95 Million Dec 2020
Youth Unemployment Rate 9.59 8.83 percent Mar 2022
Part Time Employment 547.00 567.00 Thousand Mar 2022
Full Time Employment 2277.00 2270.00 Thousand Mar 2022
Employment Rate 68.60 68.80 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
70.90 71.10 71.20 63.00 1986 - 2022 percent Quarterly