- Analytics
- News and Tools
- Market News
- New Zeeland unemployment rate fell to 4.9 percent in the March
New Zeeland unemployment rate fell to 4.9 percent in the March
The unemployment rate fell to 4.9 percent in the March 2017 quarter (down from 5.2 percent in the previous quarter), while employment continued to grow, Stats NZ said today.
"In the March quarter, 6,000 fewer people were unemployed," labour market and household statistics senior manager Mark Gordon said. "The unemployment rate for men fell from 4.8 percent to 4.2 percent, making it the lowest rate since the December 2008 quarter. However, the unemployment rate for women was unchanged."
Unemployed people are those who are available to work, and who had either actively sought work or had a new job to start within the next four weeks.
The number of employed people increased 1.2 percent (29,000 people) in the March 2017 quarter. Men provided the main contribution to this increase, with more males in both full-time and part-time employment. For the sixth quarter in a row, employment growth exceeded growth in the working-age population (which was 0.7 percent). This meant New Zealand's employment rate was up by 0.3 percentage points, to 67.1 percent.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
