Unemployment remains unchanged at 5.1%

(Image: NZME)

Wed, 07 May 2025

Unemployment remained unchanged at 5.1% in the March quarter, Stats New Zealand said on Wednesday.The seasonally adjusted number of unemployed people was 156,000, the same as the December 2024 quarter.Meanwhile, the seasonally adjusted underutilisation rate – a measure of spare capacity in NZ’s labour market – was 12.3%, or 390,000 people, compared with 12.1% in the December 2024 quarter.The underutilisation figure includes those looking for work (unemployed), those working but seeking more hours of work (underemployed), and t...

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