New Zealand's unemployment rate rose to 5.6% in the June 2026 quarter, up from 5.4% in the March quarter, Stats NZ data showed Wednesday. The broader underutilization rate climbed to 13.8% from 12.9%, with youth underutilization reaching 37%.
New Zealand's unemployment rate rose to 5.6 percent in the June 2026 quarter from 5.4 percent in the prior quarter, according to official Stats NZ data released Wednesday. The broader underutilization rate climbed to 13.8 percent, with 166,500 people unemployed and youth underutilization reaching 37 percent.
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