Forex Fundamentals
New Zealand Unemployment Rate

New Zealand Unemployment Rate 1 November 2016

New Zealand Unemployment Rate 1 November 2016: 4.9% for Q3 2016, below the 5.1% forecast and against 5.0% in Q2 2016 (first reported as 5.1%). It is the lowest of the last 8 releases. It is the second release in a row below the forecast. It was released on Tue 1 Nov 2016 at 21:45 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
4.9%
Q3 2016
Forecast
5.1%
The market consensus
Previous
5.0%
As the source gives it

What a print like this usually does

Below the forecast: A rate below forecast usually supports the NZD by suggesting a tighter labour market and more persistent wage pressure.

New Zealand Unemployment Rate 1 November 2016: 4.9% for Q3 2016 against a 5.1% forecast, with the last 8 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

New Zealand Unemployment Rate 1 November 2016: 4.9% vs 5.1% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2016-11-01

The last 8 releases · times in UTC
ReleasedForActualForecastPrevious
1 Nov 2016Q34.9%5.1%5.0%
16 Aug 2016Q25.1%5.3%5.2%
3 May 2016Q15.7%5.5%5.4%
2 Feb 2016Q45.3%6.1%6%
3 Nov 2015Q36%6.0%5.9%
4 Aug 2015Q25.9%5.9%5.8%
5 May 2015Q15.8%5.5%5.8%(R)
3 Feb 2015Q45.7%—5.4%
The release before:New Zealand Unemployment Rate 16 August 2016The release after:New Zealand Unemployment Rate 31 January 2017New Zealand Unemployment Rate: every recent resultThis week’s economic calendar