YoY Change in Quarterly Employment in New Zealand
New Zealand| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-over-year (YoY) quarterly employment figures indicate the change in the number of employed persons in New Zealand compared to the same quarter of the previous year. This data is released quarterly by Statistics New Zealand and is crucial for assessing long-term labor market trends.
YoY data helps to understand the long-term fluctuations in the labor market. If the number of employed persons is increasing, it indicates economic expansion and active hiring by companies. Conversely, if the number of employed persons is decreasing, it suggests potential economic stagnation and a decline in company hiring activities.
This data serves as a critical reference for policymakers to evaluate the health of the labor market and formulate appropriate labor market and economic policies. Additionally, it provides valuable insights for businesses and investors to understand labor market trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
