- New Zealand unemployment rate rose 0.1% to 4.5% in Q2
Market news
1 August 2018
New Zealand unemployment rate rose 0.1% to 4.5% in Q2
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Unemployment rate rose to 4.5 percent.
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Underutilisation rate rose to 12.0 percent.
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Employment rate was unchanged at 67.7 percent.
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Filled jobs rose 0.8 percent.
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Average ordinary time hourly earnings increased to $31.00.
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Annual wage inflation increased 1.9 percent.
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The unemployment rate for men rose to 4.3 percent (up 0.3 percentage points), while for women it fell to 4.7 percent (down 0.2 percentage points).
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The underutilisation rate for men rose to 10.0 percent (up 0.6 percentage points), while for women, it fell to 14.3 percent (down 0.3 percentage points).
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