labour market stats

A composite image of hands typing on an Apple laptop overlayed with a search bar graphic alongside New Zealand coins and a red lanyard with a white key card.

Unemployment rate surprisingly rises to 5.4% - a 10-year high

[updated]

Increase in labour market 'participation rate' sees the overall unemployment rate rise, contrary to virtually all expectations; Stats NZ says both the unemployment rate and the employment rate rose

4th Feb 26, 11:11am

by Mandy Te

Increase in labour market 'participation rate' sees the overall unemployment rate rise, contrary to virtually all expectations; Stats NZ says both the unemployment rate and the employment rate rose

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Unemployment rate rises to 5.3%

Joblessness rises to 5.3% but hours-worked rose for first time in almost two years

5th Nov 25, 10:52am

by Dan Brunskill

Joblessness rises to 5.3% but hours-worked rose for first time in almost two years

The Reserve Bank of New Zealand in Wellington, 2024

Weaker job market calls for two OCR cuts, BNZ says

BNZ believes the Reserve Bank should keep cutting interest rates, while Finance Minister Nicola Willis says she's 'pumping cash' into the economy to create jobs

6th Aug 25, 2:42pm

by Dan Brunskill

BNZ believes the Reserve Bank should keep cutting interest rates, while Finance Minister Nicola Willis says she's 'pumping cash' into the economy to create jobs