New Zealand Youth Unemployment Rate

Youth Unemployment Rate in New Zealand decreased to 13.20 percent in the first quarter of 2019 from 14 percent in the fourth quarter of 2018. Youth Unemployment Rate in New Zealand averaged 11.97 percent from 2004 until 2019, reaching an all time high of 15.30 percent in the fourth quarter of 2009 and a record low of 10.30 percent in the first quarter of 2004.

Youth Unemployment Rate in New Zealand is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in New Zealand to stand at 11.00 in 12 months time. In the long-term, the New Zealand Youth Unemployment Rate is projected to trend around 10.80 percent in 2020, according to our econometric models.

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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	124.27	123.02	126.86	86.54	Index Points	[+]
Job Vacancies	202.20	202.52	203.22	55.20	Index Points	[+]
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	[+]

New Zealand Youth Unemployment Rate

This page provides - New Zealand Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	13.20	14.00	15.30	10.30	2004 - 2019	percent	Quarterly	SA

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Country	Last		Previous	Range
South Africa	55.20	Mar/19	54.7	55.9 : 48.8	%
Spain	31.70	May/19	32.7	56 : 17.2	%
Italy	30.50	May/19	31.1	43.4 : 19.4	%
Turkey	25.20	Mar/19	26.1	28.6 : 11	%
India	23.70	Dec/18	23.1	23.7 : 22.9	%
France	20.20	May/19	20.1	26 : 14.5	%
Euro Area	15.70	May/19	15.8	24.8 : 14.8	%
Australia	11.90	May/19	11.8	20.1 : 7.6	%
Canada	10.70	Jun/19	10	20.7 : 10	%
South Korea	10.50	Jun/19	10.1	13.4 : 3.8	%
United Kingdom	10.40	Mar/19	10.3	22.3 : 9.7	%
United States	8.10	Jun/19	8.5	19.5 : 7.8	%
Netherlands	6.30	May/19	6.2	17.7 : 6.2	%
Germany	5.10	May/19	5.2	15.9 : 5.1	%
Japan	3.80	May/19	3.9	10.9 : 1.6	%
Switzerland	1.90	Jun/19	1.9	5.7 : 1.4	%