The number of unemployed persons in New Zealand decreased to 116 Thousand in the first quarter of 2019 from 120 Thousand in the fourth quarter of 2018. Unemployed Persons in New Zealand averaged 121.17 Thousand from 1986 until 2019, reaching an all time high of 189 Thousand in the third quarter of 1991 and a record low of 69 Thousand in the first quarter of 1987.
Unemployed Persons in New Zealand is expected to be 124.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in New Zealand to stand at 124.00 in 12 months time. In the long-term, the New Zealand Unemployed Persons is projected to trend around 120.00 Thousand in 2020, according to our econometric models.