Youth Unemployment Rate in New Zealand increased to 11.60 percent in the fourth quarter of 2019 from 10.70 percent in the third quarter of 2019. New Zealand Youth Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Youth Unemployment Rate in New Zealand averaged 11.92 percent from 2004 until 2019, 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. source: Statistics New Zealand
Youth Unemployment Rate in New Zealand is expected to be 11.80 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 11.00 in 12 months time. In the long-term, the New Zealand Youth Unemployment Rate is projected to trend around 10.80 percent in 2021, according to our econometric models.