The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.
That was lower than forecasts for 5.3 percent but still higher than 5.1 percent in the three months prior.
New Zealand employment shed 0.1 percent on quarter, in line with expectations after adding 0.1 percent in the previous quarter.
The participation rate fell to 70.5 percent, missing forecasts for 70.7 percent and down from 70.8 percent in Q1.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.