New Zealand Unemployment Rate

New Zealand Unemployment Rate 3 November 2026

New Zealand Unemployment Rate is next released on Tue 3 Nov 2026 at 21:45 UTC. The last release, for Q2, came in at 5.6% against a forecast of 5.4%.

Latest results · times in UTC
Released	For	Actual	Forecast	Previous
4 Aug 2026	Q2	5.6%	5.4%	5.4%
5 May 2026	Q1	5.3%	5.4%	5.4%
3 Feb 2026	Q4	5.4%	5.3%	5.3%
4 Nov 2025	Q3	5.3%	5.3%	5.2%
5 Aug 2025	Q2	5.2%	5.3%	5.1%
6 May 2025	Q1	5.1%	5.3%	5.1%
4 Feb 2025	Q4	5.1%	5.1%	4.8%
5 Nov 2024	Q3	4.8%	5%	4.6%
6 Aug 2024	Q2	4.6%	4.7%	4.4%
30 Apr 2024	Q1	4.3%	4.2%	4%
6 Feb 2024	Q4	4%	4.2%	3.9%
31 Oct 2023	Q3	3.9%	3.9%	3.6%

What it measures

This release reports the share of New Zealand’s labour force that is unemployed and actively seeking work. A rising rate usually means more spare capacity in the labour market, while the RBNZ watches employment conditions when judging inflation pressure.

Why it moves the NZD

Higher unemployment can lead markets to expect weaker wage pressure and a lower OCR, usually weighing on the NZD. A lower rate can support the currency if it suggests labour demand remains strong; the result is a key part of the quarterly labour report.

Released: Quarterly

This week’s economic calendar What members see beside each release

Questions

Is the New Zealand Unemployment Rate today?

No. The next New Zealand Unemployment Rate is on Tue 3 Nov 2026 at 21:45 UTC.

What time is the New Zealand Unemployment Rate released?

At 21:45 UTC: 16:45 in New York, 21:45 in London, 22:45 in Amsterdam, 23:45 in Johannesburg, 22:45 in Lagos. The next New Zealand Unemployment Rate is on Tue 3 Nov 2026 at 21:45 UTC.

Updated daily from the release schedule. Last checked Thu 29 Oct 2026.