The seasonally adjusted unemployment rate decreased to 4.7 percent in the March 2021 quarter, continuing to fall from
its recent peak of 5.2 percent in the September 2020 quarter but remaining high compared with recent years, Stats NZ
said today.
Unemployment rates for men and women converged at 4.7 percent, as the male rate rose from 4.5 percent last quarter and
the female rate fell from 5.3 percent.
“There have been some gains in labour market outcomes, especially for women, over the past two quarters. However, annual
changes indicate the labour market still hasn’t returned to pre-COVID-19 levels for men or women,” work, wealth, and
wellbeing statistics senior manager Sean Broughton said.
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