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New Zealand Unemployment Rises to 5.7% as Employment Falls in Q3

Stats NZ reported on 4 November 2026 that New Zealand’s seasonally adjusted Unemployment RateUnemployment Rate refers to the unemployment rate is basically the percentage of the people in the workforce without jobs but is able and willing to work. The term belongs in Le...Read More rose to 5.7% in the September quarter, from 5.6% in June. Seasonally adjusted employment fell 0.1% to approximately 2.891 million people, while the employment rate eased to 66.4% from 66.7%. The unemployment rate was above the 5.5% forecast cited in the stats.govt.nz report. Annual wage-rate InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More was 2.1%.

New Zealand's unemployment rate rose to 5.7% in the September 2026 quarter, up from 5.6% in June and above MarketA place—physical or digital—where buyers and sellers meet and agree on a price. Lix’s simple rule: no buyers and sellers, no market.Read More expectations of 5.5%, according to Stats NZ. Employment declined 0.1% to approximately 2.891 million people, while the employment rate slipped to 66.4%. Annual wage inflation stood at 2.1%, reflecting relatively subdued pay growth. The figures indicate weakening labour market conditions and could influence expectations for future Reserve Bank of New Zealand interest-rate decisions.

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