Employment Rate in New Zealand remained unchanged at 67.50 percent in the third quarter of 2019 from 67.50 percent in the second quarter of 2019. Employment Rate in New Zealand averaged 62.70 percent from 1986 until 2019, reaching an all time high of 68 percent in the third quarter of 2018 and a record low of 56.40 percent in the fourth quarter of 1991. source: Statistics New Zealand

Employment Rate in New Zealand is expected to be 67.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in New Zealand to stand at 67.60 in 12 months time. In the long-term, the New Zealand Employment Rate is projected to trend around 68.10 percent in 2020, according to our econometric models.

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New Zealand Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
67.50 67.50 68.00 56.40 1986 - 2019 percent Quarterly
SA

New Zealand Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 3.90 11.20 3.30 percent [+]
Employed Persons 2641.00 2635.00 2641.00 1499.00 Thousand [+]
Unemployed Persons 115.00 108.00 189.00 69.00 Thousand [+]
Employment Change 0.20 0.80 2.50 -1.80 percent [+]
Labor Force Participation Rate 70.40 70.30 70.90 63.00 percent [+]
Labour Costs 1202.00 1193.00 1202.00 699.62 points [+]
Productivity 128.24 126.60 128.24 86.54 points [+]
Job Vacancies 193.10 192.54 196.57 55.20 points [+]
Wages 32.71 32.42 32.71 13.07 NZD/Hour [+]
Wages in Manufacturing 31.02 30.68 31.02 12.44 NZD/Hour [+]
Minimum Wages 17.70 16.50 17.70 10.25 NZD/Hour [+]
Population 4.93 4.84 4.93 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 10.60 10.30 15.30 10.30 percent [+]
Part Time Employment 520.00 537.00 555.00 264.00 Thousand [+]
Employment Rate 67.50 67.50 68.00 56.40 percent [+]
Full Time Employment 2120.00 2147.00 2147.00 1177.00 Thousand [+]