The labour force participation rate in New Zealand was 70.8 percent in the second quarter of 2022, down slightly from 70.9 percent in the previous period, below market expectations of 71 percent. source: Statistics New Zealand

Labor Force Participation Rate in New Zealand averaged 66.98 percent from 1986 until 2022, reaching an all time high of 71.20 percent in the third quarter of 2017 and a record low of 63 percent in the first quarter of 1993. This page provides - New Zealand Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Labor Force Participation Rate in New Zealand is expected to be 71.30 percent by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the New Zealand Labor Force Participation Rate is projected to trend around 70.80 percent in 2023 and 71.20 percent in 2024, according to our econometric models.

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New Zealand Labor Force Participation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-05-03 10:45 PM Q1 70.9% 71.1% 71.1% 71.2%
2022-08-02 10:45 PM Q2 70.8% 70.9% 71% 71.1
2022-11-02 09:45 PM Q3 70.8%

Related Last Previous Unit Reference
Unemployment Rate 3.30 3.20 percent Jun 2022
Employed Persons 2820.00 2820.00 Thousand Jun 2022
Unemployed Persons 96.00 94.00 Thousand Jun 2022
Employment Change 0.00 0.00 percent Jun 2022
Labor Force Participation Rate 70.80 70.90 percent Jun 2022
Labour Costs 1291.00 1275.00 points Jun 2022
Productivity 127.41 127.23 points Mar 2022
Wages 37.04 36.24 NZD/Hour Jun 2022
Wages in Manufacturing 35.25 34.17 NZD/Hour Jun 2022
Population 5.12 5.10 Million Dec 2021
Youth Unemployment Rate 9.10 9.59 percent Jun 2022
Employment Rate 68.50 68.60 percent Jun 2022
Full Time Employment 2297.00 2277.00 Thousand Jun 2022
Part Time Employment 525.00 547.00 Thousand Jun 2022

New Zealand Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
70.80 70.90 71.20 63.00 1986 - 2022 percent Quarterly