New Zealand's unemployment rate for the first quarter

Statistics New Zealand announced the New Zealand's unemployment rate for the first quarter on 2025-05-06. The reported figure stands at 5.1%, against a forecast of 5.3%, with the prior figure recorded as 5.10%.

Regarding the New Zealand's unemployment rate for the first quarter, Actual value > Forecast value = Bearish for the New Zealand Dollar, The unemployment rate (UnemploymentRate) refers to the ratio of unemployed people to the labor force (the number of people who are willing to work but are still without jobs among the total employed population during a certain period). It aims to measure idle labor capacity and is a key indicator reflecting the unemployment situation in a country or region.

This data holds an importance level of , calculated using The proportion of unemployed people in the labor force, and updates monthly.

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