Unemployment Drops To 4.9 Percent As Employment Picks Up

Published: Wed 3 Feb 2021 10:44 AM
The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today.
Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed in a single quarter since the series began in 1986.
Before the September 2020 quarter, the unemployment rate had been trending downwards from a peak rate of 6.7 percent in the September 2012 quarter. The December 2020 quarter's rate of 4.9 percent is a return to rates observed over three years ago, when the unemployment rate was also 4.9 percent in the March 2017 quarter.
Visit our website to read this news story and information release and to download CSV files:
Unemployment drops to 4.9 percent as employment picks upLabour market statistics: December 2020 quarterCSV files for download

Next in New Zealand politics

Reserve Bank To Take Account Of Housing In Decision Making
By: New Zealand Government
No new community cases of Covid-19 today - Chris Hipkins
Latest Release Of Child Poverty Statistics
By: Statistics New Zealand
New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now
By: The New Zealand Initiative
Kiwi MPs Among The “Most Educated In The World”
By: BlacklandPR
Government Eases Visa Restrictions For Visitors In New Zealand
By: New Zealand Government
RBNZ Supports Focus On Housing
By: The Reserve Bank of New Zealand
Reserve Bank Housing Direction Too Slow In Coming
By: New Zealand National Party
Robertson Adopts ACT Policy
By: ACT New Zealand
Government Action To Cool House Prices Still Needed Despite Reserve Bank Change
By: Green Party
No indication to change alert levels at this stage - Bloomfield
Second Batch Of Pfizer/BioNTech Doses Arrives Safely – As The First Vaccinations Take Place In The South Island
By: New Zealand Government
Two New Positive Community Cases –household Members Of Today’s Case
By: Ministry of Health
Corona Vaccine: Why Pharma Companies Should Not Make Billions Out Of Tax-funded Government Research
By: Creative Commons
Government Action Reduces Child Poverty
By: New Zealand Government
View as: DESKTOP | MOBILE © Scoop Media