New Zealand Unemployment Rate 5 August 2019
New Zealand Unemployment Rate 5 August 2019: 3.9% for Q2 2019, below the 4.3% forecast and down from 4.2% in Q1 2019. It is the lowest reading since Q3 2018. 6 of the last 12 releases came in below the forecast. It was released on Mon 5 Aug 2019 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 5 August 2019: 3.9% vs 4.3% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2019-08-05