The unemployment rate in New Zealand came in at a seasonally adjusted 5.4 percent in the fourth quarter of 2026, Statistics New Zealand said on Wednesday - exceeding expectations for 5.3 percent, which would have been unchanged.
Employment was up 0.5 percent on quarter, beating forecasts for a gain of 0.,3 percent following the flat reading in the three months prior.
For men, the unemployment rate was 5.3 percent, compared with 5.2 percent last quarter. For women, the unemployment rate was 5.6 percent, compared with 5.4 percent last quarter.
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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.