Unemployment 2024 Nzd. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Nzd/usd fell sharply while aud/nzd rose to new cycle highs following the data.

The unemployment rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous quarter. Employment rate in new zealand decreased to 67.80 percent in the third quarter of 2024 from 68.40 percent in the second quarter of 2024.