New Zealand Unemployment Rate

New Zealand Unemployment Rate 6 August 2024

New Zealand Unemployment Rate 6 August 2024: 4.6% for Q2 2024, below the 4.7% forecast and against 4.4% in Q1 2024 (first reported as 4.3%). It is the highest of the last 12 releases. 5 of the last 12 releases came in below the forecast. It was released on Tue 6 Aug 2024 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
4.6%
Q2 2024
Forecast
4.7%
The market consensus
Previous
4.4%
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 6 August 2024: 4.6% for Q2 2024 against a 4.7% 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 6 August 2024: 4.6% vs 4.7% forecast (Statistics New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-unemployment/2024-08-06

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
6 Aug 2024Q24.6%4.7%4.4%
30 Apr 2024Q14.3%4.2%4%
6 Feb 2024Q44%4.2%3.9%
31 Oct 2023Q33.9%3.9%3.6%
1 Aug 2023Q23.6%3.5%3.4%
2 May 2023Q13.4%3.5%3.4%
31 Jan 2023Q43.4%3.3%3.3%
1 Nov 2022Q33.3%3.2%3.3%
2 Aug 2022Q23.3%3.1%3.2%
3 May 2022Q13.2%3.2%3.2%
1 Feb 2022Q43.2%3.4%3.4%
2 Nov 2021Q33.4%3.9%4%