Forex Fundamentals
New Zealand Unemployment Rate

New Zealand Unemployment Rate 5 May 2020

New Zealand Unemployment Rate 5 May 2020: 4.2% for Q1 2020, below the 4.3% forecast and up from 4% in Q4 2019. It is the second release in a row below the forecast. It was released on Tue 5 May 2020 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.

Actual
4.2%
Q1 2020
Forecast
4.3%
The market consensus
Previous
4%
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 5 May 2020: 4.2% for Q1 2020 against a 4.3% forecast, with the last 12 releases
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Cite this release

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

New Zealand Unemployment Rate 5 May 2020: 4.2% vs 4.3% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2020-05-05

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
5 May 2020Q14.2%4.3%4%
4 Feb 2020Q44%4.2%4.2%
5 Nov 2019Q34.2%4.1%3.9%
5 Aug 2019Q23.9%4.3%4.2%
30 Apr 2019Q14.2%4.2%4.3%
6 Feb 2019Q44.3%4.1%4.0%
6 Nov 2018Q33.9%4.5%4.4%
31 Jul 2018Q24.5%4.4%4.4%
1 May 2018Q14.4%4.4%4.5%
6 Feb 2018Q44.5%4.6%4.6%
31 Oct 2017Q34.6%4.7%4.8%
1 Aug 2017Q24.8%4.8%4.9%
The release before:New Zealand Unemployment Rate 4 February 2020The release after:New Zealand Unemployment Rate 4 August 2020New Zealand Unemployment Rate: every recent resultThis week’s economic calendar