Source: Statistics New Zealand
Unemployment rate remains at 5.1 percent in the March 2025 quarter – 7 May 2025 – The seasonally adjusted unemployment rate was 5.1 percent in the March 2025 quarter, unchanged from last quarter, according to figures released by Stats NZ today.
In the March 2025 quarter:
- the unemployment rate was 5.1 percent
- the employment rate was 67.2 percent
- annual wage inflation was 2.9 percent
- average ordinary time hourly earnings were $42.79.
“Seasonally adjusted levels of unemployment remained at 156,000 between the December 2024 and March 2025 quarters,” labour market spokesperson Abby Johnston said.
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