Unemployment rate · New Zealand

New Zealand Participation Rate

The New Zealand Participation Rate measures the share of the labour force in New Zealand, people working or actively looking for work, who have no job but want one.

חשיבות
Medium
פורסם
Quarterly
מטבע
NZD · New Zealand dollar
בנק מרכזי
The Reserve Bank of New Zealand
משפיע על
AUDNZD · EURNZD · GBPNZD · NZDCAD · NZDCHF · NZDJPY · NZDSGD · NZDUSD

הנתונים האחרונים

הפרסום האחרון, עבור Q3, יצא ב-2026-11-03 ועמד על 70.4%. זה מתחת לקונצנזוס של 70.7%. זה ירידה מ-70.6% בפעם הקודמת (מעודכן).

A lower unemployment rate than expected signals a tight labour market: it tends to support the New Zealand dollar and push bond yields up.

ב-8 הפרסומים האחרונים הערך נע בין 70.3% ל-71.0%, בממוצע 70.6%.

Feb 2025: 71%May 2025: 70.8%Aug 2025: 70.5%Nov 2025: 70.3%Feb 2026: 70.5%May 2026: 70.4%Aug 2026: 70.7%Nov 2026: 70.4% Feb 2025Nov 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
3 Nov 2026Q370.4%70.7%70.6% ®
4 Aug 2026Q270.7%70.3%70.4%
5 May 2026Q170.4%70.5%70.5%
3 Feb 2026Q470.5%70.3%70.3%
4 Nov 2025Q370.3%–70.5%
5 Aug 2025Q270.5%70.7%70.8%
6 May 2025Q170.8%71%70.9% ®
4 Feb 2025Q471%71.1%71.1%

לצפייה ביומן הכלכלי ←

למה זה חשוב

Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep the Reserve Bank of New Zealand hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).

איך זה מחושב

Stats NZ usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.

Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployed

מה המשמעות של שינויים

  • A lower rate than expected usually supports the New Zealand dollar.
  • Check participation: unemployment can fall because people stop looking, which is not good news.
  • Broader measures (US U-6) include part-timers who want more hours.

גבוה מהצפוי: A higher unemployment rate than expected points to a weakening labour market: the New Zealand dollar tends to soften as markets price in lower rates.

נמוך מהצפוי: A lower unemployment rate than expected signals a tight labour market: it tends to support the New Zealand dollar and push bond yields up.

היסטוריה קצרה

Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.

New Zealand was the first country to adopt formal inflation targeting, in 1990.

שאלות

What is the New Zealand Participation Rate?

The New Zealand Participation Rate measures the share of the labour force in New Zealand, people working or actively looking for work, who have no job but want one.

What was the latest New Zealand Participation Rate?

70.4% for Q3, published on 3 November 2026 (consensus 70.7%, previous 70.6%).

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.