Economy · August 3, 2022

Unemployment in New Zealand Q2 2022

The seasonally adjusted unemployment rate rose to 3.3% in the second quarter from 3.2% in the first quarter, which had set the lowest record since 1986.

Meanwhile, the underutilization rate, which includes both unemployment and underemployment, fell to 9.2% in the second quarter from 9.3% in the first quarter.

FocusEconomics speakers are still evaluating the latest developments.