Labor Force Participation Rate in New Zealand remained at a record high of 71.70 percent in the fourth quarter of 2022. source: Statistics New Zealand
Labor Force Participation Rate in New Zealand averaged 67.04 percent from 1986 until 2022, reaching an all time high of 71.70 percent in the third quarter of 2022 and a record low of 63.00 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 February of 2023.
Labor Force Participation Rate in New Zealand is expected to be 71.60 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 71.80 percent in 2024 and 72.00 percent in 2025, according to our econometric models.