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 October 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


New Zealand Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.00 percent Jun/21 4.70 11.20 3.40
Unemployed Persons 117.00 Thousand Jun/21 135.00 189.00 69.00
Employed Persons 2778.00 Thousand Jun/21 2750.00 2778.00 1499.00
Employment Change 1.00 percent Jun/21 0.60 2.60 -1.80
Labor Force Participation Rate 70.50 percent Jun/21 70.40 71.20 63.00
Productivity 132.01 points Jun/21 129.63 132.01 86.54
Labour Costs 1244.00 points Jun/21 1235.00 1244.00 699.62
Wages 34.80 NZD/Hour Jun/21 34.55 34.80 13.07
Wages in Manufacturing 32.58 NZD/Hour Jun/21 32.34 32.58 12.44
Population 5.11 Million Dec/20 4.95 5.11 2.37
Youth Unemployment Rate 10.92 percent Jun/21 12.46 15.30 10.30
Part Time Employment 564.00 Thousand Jun/21 555.00 564.00 264.00
Full Time Employment 2216.00 Thousand Jun/21 2194.00 2216.00 1177.00
Employment Rate 67.10 percent Mar/21 66.80 68.20 56.40