Forex Fundamentals
New Zealand Unemployment Rate

New Zealand Unemployment Rate 2 February 2027

New Zealand Unemployment Rate 2 February 2027: the Q4 2026 figure is due at 21:45 UTC. The last release came in at 5.7% for Q3 2026 against a forecast of 5.5%. Of the last 12 releases, 4 came in above the forecast and 6 below it.

These figures were verified on 10 Nov 2026 from the source: Statistics New Zealand. This page reports the release as published: the figures and what a print like it usually does to the currency.

Due at
21:45 UTC
2 February 2027
Forecast
—
The market consensus
Previous
—
As the source gives it

What a surprise usually does

Above the forecast: An unemployment rate above forecast usually weakens the NZD as traders price in more labour-market slack and possible RBNZ easing.

Below the forecast: A rate below forecast usually supports the NZD by suggesting a tighter labour market and more persistent wage pressure.

In line with the forecast: An in-line rate often limits the currency reaction, but employment growth and wages may still change the overall reading.

New Zealand Unemployment Rate 2 February 2027: due for Q4 2026, with the last 12 releases
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The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 Nov 2026Q35.7%5.5%5.6%
4 Aug 2026Q25.6%5.4%5.4%
5 May 2026Q15.3%5.4%5.4%
3 Feb 2026Q45.4%5.3%5.3%
4 Nov 2025Q35.3%5.3%5.2%
5 Aug 2025Q25.2%5.3%5.1%
6 May 2025Q15.1%5.3%5.1%
4 Feb 2025Q45.1%5.1%4.8%
5 Nov 2024Q34.8%5%4.6%
6 Aug 2024Q24.6%4.7%4.4%
30 Apr 2024Q14.3%4.2%4%
6 Feb 2024Q44%4.2%3.9%
The release before:New Zealand Unemployment Rate 3 November 2026New Zealand Unemployment Rate: every recent resultThis week’s economic calendar