New Zealand Labor Force Participation Rate

Labor Force Participation Rate in New Zealand decreased to 70.40 percent in the first quarter of 2019 from 70.90 percent in the fourth quarter of 2018. Labor Force Participation Rate in New Zealand averaged 66.62 percent from 1986 until 2019, reaching an all time high of 71 percent in the third quarter of 2017 and a record low of 63 percent in the first quarter of 1993.

Labor Force Participation Rate in New Zealand is expected to be 70.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in New Zealand to stand at 70.80 in 12 months time. In the long-term, the New Zealand Labor Force Participation Rate is projected to trend around 71.20 percent in 2020, according to our econometric models.

New Zealand Labor Force Participation Rate

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-07-31	10:45 PM	Participation Rate	70.9%	70.8%	70.8%	71%
2018-11-06	09:45 PM	Participation Rate	71.1%	70.9%	70.9%	71%
2019-02-06	09:45 PM	Participation Rate	70.9%	71%	71%	70.9%
2019-04-30	10:45 PM	Participation Rate	70.4%	70.9%	70.9%	71.1%
2019-07-31	10:45 PM	Participation Rate		70.4%		70.7%
2019-11-06	09:45 PM	Participation Rate				70.9%

New Zealand Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.20	4.30	11.20	3.30	percent	[+]
Employed Persons	2658.00	2662.00	2662.00	1499.00	Thousand	[+]
Unemployed Persons	116.00	120.00	189.00	69.00	Thousand	[+]
Employment Change	-0.20	0.10	2.60	-1.80	percent	[+]
Labor Force Participation Rate	70.40	70.90	71.00	63.00	percent	[+]
Labour Costs	1185.00	1179.00	1185.00	700.00	Index Points	[+]
Productivity	123.02	122.43	126.86	86.54	Index Points	[+]
Job Vacancies	198.08	195.98	200.70	55.20	Index Points	[+]
Job Advertisements	44341.92	46008.12	46008.12	14139.22		[+]
Wages	32.04	31.70	32.04	13.07	NZD/Hour	[+]
Wages in Manufacturing	30.64	30.00	30.64	12.44	NZD/Hour	[+]
Minimum Wages	17.70	16.50	17.70	10.25	NZD/Hour	[+]
Population	4.93	4.84	4.93	2.37	Million	[+]
Retirement Age Women	65.00	65.00	65.00	65.00		[+]
Retirement Age Men	65.00	65.00	65.00	65.00		[+]
Youth Unemployment Rate	13.20	14.00	15.30	10.30	percent	[+]
Part Time Employment	527.00	546.00	554.00	264.00	Thousand	[+]
Employment Rate	67.50	67.80	68.20	56.40	percent	[+]
Full Time Employment	2130.00	2113.00	2130.00	1177.00	Thousand	[+]

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - New Zealand Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	70.40	70.90	71.00	63.00	1986 - 2019	percent	Quarterly	SA

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Country	Last		Previous	Range
United Kingdom	79.20	Feb/19	79.3	79.3 : 74.1	%
France	72.30	Mar/19	72.3	72.3 : 69.5	%
Netherlands	71.00	Apr/19	71	71.1 : 67.4	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.50	Sep/18	68.4	68.8 : 66.8	%
Singapore	67.70	Dec/18	67.7	68.3 : 55.3	%
Canada	65.90	Apr/19	65.7	67.7 : 61.4	%
Australia	65.80	Apr/19	65.6	65.8 : 60.1	%
Italy	65.70	Mar/19	65.7	65.9 : 61.6	%
South Korea	63.60	Apr/19	63.1	63.9 : 48.5	%
United States	62.80	Apr/19	63	67.3 : 58.1	%
Russia	62.10	Feb/19	61.9	70.3 : 61.9	%
Japan	61.90	Mar/19	61.4	74 : 58.5	%
Brazil	61.60	Feb/19	61.6	61.9 : 60.9	%
Germany	61.50	Sep/18	60.9	61.7 : 56.9	%
Mexico	60.00	Mar/19	59.2	61.47 : 58.18	%
South Africa	58.80	Mar/19	59.4	60.8 : 53.6	%
Spain	58.35	Mar/19	58.61	60.55 : 48.88	%
Euro Area	57.30	Sep/18	57.2	57.3 : 55	%
Saudi Arabia	55.90	Dec/18	56.4	56.5 : 47.8	%
Turkey	53.20	Feb/19	52.9	53.5 : 43.9	%
India	52.50	Dec/13	50.9	52.9 : 50.9	%
Argentina	46.50	Dec/18	46.7	46.9 : 44.5	%