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- New Zealand unemployment rate fell to 4.6 percent the lowest unemployment rate since December 2008
New Zealand unemployment rate fell to 4.6 percent the lowest unemployment rate since December 2008
In the September 2017 quarter, the seasonally adjusted unemployment rate fell to 4.6 percent (down 0.2 percentage points from the June quarter), the lowest unemployment rate since the December 2008 quarter. The number of unemployed people fell 2,000 from 128,000 to 126,000.
The unemployment rate for men fell to 4.1 percent (down 0.6 percentage points).
The unemployment rate for women rose to 5.3 percent (up 0.4 percentage points).
The seasonally adjusted underutilisation rate remained at 11.8 percent over the quarter, and dropped 0.5 percentage points annually. This annual decrease was primarily due to fewer available potential jobseekers (those who wanted to work and were available in the reference week, but were not actively applying for jobs).
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