Unemployment continues to grow, with more people remaining unemployed for longer periods and a declining employment rate, while wage growth slows, according to figures released by Stats NZ today.

In the September 2024 quarter:

• unemployment rate was 4.8 percent
• employment rate was 67.8 percent
• annual wage inflation was 3.8 percent
• average ordinary time hourly earnings were $41.98.

The seasonally adjusted unemployment rate, as measured by the Household Labour Force Survey, was 4.8 percent in the September 2024 quarter, compared with 4.6 percent in the previous quarter.

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• Unemployment rate at 4.8 percent
• Labour market statistics: September 2024 quarter
• CSV files for download

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