New Zealand Unemployment Rate 2 May 2017
New Zealand Unemployment Rate 2 May 2017: 4.9% for Q1 2017, below the 5.2% forecast and down from 5.2% in Q4 2016. 4 of the last 9 releases came in below the forecast. It was released on Tue 2 May 2017 at 22:45 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.
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.

Cite this release
If you cite this release, please link to this page:
New Zealand Unemployment Rate 2 May 2017: 4.9% vs 5.2% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2017-05-02