Unemployed Workers

Media release: Unemployment data shows real weakness behind the headline rate. DOWN Full-time jobs: 45,000 Total hours worked: 3 million NZ OECD unemployment rank: from 6th → 18th Wage growth: +2.4% (below inflation) Workers with no pay rise: 41% Jobs down in manufacturing, construction, retail, education, and health UP Part-time jobs: 25,000 Unemployed people since last election: 37,000 Māori unemployment: 10.5% Pacific unemployment: 10.8% Youth unemployed (15–24): 70,700 NEET (15–24): 96,600 Unemployment rate: 5.1% (steady) It’s time to change course and deliver policies that ensure good work and fair pay for all Craig Renney Economist

Unemployment data shows real weakness behind the headline rate

May 7, 2025June 18, 2025

Unemployment data released today by Statistics New Zealand shows ongoing weakness in the labour market, with falling employment, falling hours of work, and nearly half… Read More »Unemployment data shows real weakness behind the headline rate