Key facts
| Percentage points | |
|---|---|
| Unemployment rate | 0.4 |
| Underutilisation rate | 1.8 |
| Employment rate | -0.6 |
| Labour force participation rate | -0.3 |
What is the employment rate in New Zealand 2020?
Employment Rate in New Zealand is expected to be 67.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in New Zealand to stand at 67.90 in 12 months time.
What is the minimum wage in New Zealand?
$20.00
Hours and wages
| Type of minimum wage | Per hour | 8 hour day |
|---|---|---|
| Adult | $20.00 | $160.00 |
| Starting-out | $16.00 | $128.00 |
| Training | $16.00 | $128.00 |
What is the current unemployment rate in New Zealand?
New Zealand Unemployment Rate New Zealand’s unemployment rate fell to 3.9 percent in the second quarter of 2019 from 4.2 percent in the previous period, compared to market expectations of 4.3 percent. That was the lowest jobless rate since the second quarter of 2008, when it was 3.8 percent.
What was the employment rate in New Zealand in 1986?
Employment Rate in New Zealand averaged 62.84 percent from 1986 until 2020, reaching an all time high of 68.20 percent in the third quarter of 2018 and a record low of 56.40 percent in the fourth quarter of 1991.
What are the labour market statistics in New Zealand?
Labour market statistics provide a picture of the New Zealand labour market, including unemployment and employment rates, demand for labour, and changes in wages and salaries.
What was the unemployment rate in June 2020?
Equally important was the fact that the total number of hours worked fell 10% per annum in June 2020 – the largest decline since records began more than 30 years ago. This figure demonstrates the substantial hit to the economy’s output in the June quarter.
