Trends in Quarterly Unemployment Rate 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 quarterly unemployment rate is an indicator that shows the percentage of unemployed individuals within New Zealand's labor force. This data, released quarterly by Statistics New Zealand, plays a crucial role in assessing the health of the labor market and economic activity.
When the unemployment rate is rising, it may indicate economic stagnation and a decrease in hiring activities by companies. Conversely, when the unemployment rate is falling, it suggests economic expansion and active hiring by companies.
This data serves as an essential 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 | ||
