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.
- 重要性
- Medium
- 发布时间
- Quarterly
- 货币
- NZD · New Zealand dollar
- 中央银行
- The Reserve Bank of New Zealand
最新数据
最新一期（Q3）于 2026-11-03 公布，数值为 70.4%。 低于 70.7% 的市场预期。 低于上次的 70.6%（已修正）。
A lower unemployment rate than expected signals a tight labour market: it tends to support the New Zealand dollar and push bond yields up.
最近 8 次公布中介于 70.3% 至 71.0%，平均 70.6%。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 3 Nov 2026 | Q3 | 70.4% | 70.7% | 70.6% ® |
| 4 Aug 2026 | Q2 | 70.7% | 70.3% | 70.4% |
| 5 May 2026 | Q1 | 70.4% | 70.5% | 70.5% |
| 3 Feb 2026 | Q4 | 70.5% | 70.3% | 70.3% |
| 4 Nov 2025 | Q3 | 70.3% | – | 70.5% |
| 5 Aug 2025 | Q2 | 70.5% | 70.7% | 70.8% |
| 6 May 2025 | Q1 | 70.8% | 71% | 70.9% ® |
| 4 Feb 2025 | Q4 | 71% | 71.1% | 71.1% |
为何重要
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).
计算方法
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变化意味着什么
- 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.
高于预期：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.
低于预期：A lower unemployment rate than expected signals a tight labour market: it tends to support the New Zealand dollar and push bond yields up.
简史
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.
问题
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%).
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。