Youth Unemployment Rate in New Zealand decreased to 10.92 percent in the second quarter of 2021 from 12.46 percent in the first quarter of 2021. source: Statistics New Zealand

Youth Unemployment Rate in New Zealand averaged 12 percent from 2004 until 2021, 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. This page provides - New Zealand Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Youth Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Youth Unemployment Rate in New Zealand is expected to be 11.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Youth Unemployment Rate is projected to trend around 10.00 percent in 2022 and 12.00 percent in 2023, according to our econometric models.

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New Zealand Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.92 12.46 15.30 10.30 2004 - 2021 percent Quarterly
SA

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.70 11.20 3.40 percent [+]
Employed Persons 2778.00 2750.00 2778.00 1499.00 Thousand [+]
Unemployed Persons 117.00 135.00 189.00 69.00 Thousand [+]
Employment Change 1.00 0.60 2.60 -1.80 percent [+]
Labor Force Participation Rate 70.50 70.40 71.20 63.00 percent [+]
Productivity 132.01 129.63 132.01 86.54 points [+]
Labour Costs 1244.00 1235.00 1244.00 699.62 points [+]
Job Vacancies 256.10 218.92 256.10 55.20 index points [+]
Wages 34.80 34.55 34.80 13.07 NZD/Hour [+]
Wages in Manufacturing 32.58 32.34 32.58 12.44 NZD/Hour [+]
Minimum Wages 20.00 18.90 20.00 10.25 NZD/Hour [+]
Population 5.11 4.95 5.11 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 2216.00 2194.00 2216.00 1177.00 Thousand [+]
Part Time Employment 564.00 555.00 564.00 264.00 Thousand [+]
Employment Rate 67.10 66.80 68.20 56.40 percent [+]
Youth Unemployment Rate 10.92 12.46 15.30 10.30 percent [+]