Forex Fundamentals
New Zealand Unemployment Rate

New Zealand Unemployment Rate 2 November 2021

New Zealand Unemployment Rate 2 November 2021: 3.4% for Q3 2021, below the 3.9% forecast and down from 4% in Q2 2021. It is the lowest of the last 12 releases. It is the eighth release in a row below the forecast. It was released on Tue 2 Nov 2021 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
3.4%
Q3 2021
Forecast
3.9%
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 2 November 2021: 3.4% for Q3 2021 against a 3.9% 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 2 November 2021: 3.4% vs 3.9% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2021-11-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Nov 2021Q33.4%3.9%4%
3 Aug 2021Q24%4.5%4.7%
4 May 2021Q14.7%4.9%4.9%
2 Feb 2021Q44.9%5.6%5.3%
3 Nov 2020Q35.3%5.4%4%
4 Aug 2020Q24.0%5.8%4.2%
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%
The release before:New Zealand Unemployment Rate 3 August 2021The release after:New Zealand Unemployment Rate 1 February 2022New Zealand Unemployment Rate: every recent resultThis week’s economic calendar