The seasonally adjusted unemployment and underutilisation
rates fell to 4.0 and 10.5 percent, respectively, in the
June 2021 quarter, Stats NZ said today.
The
unemployment rate continued to fall from its recent peak of
5.3 percent in the September 2020 quarter, dropping 0.6
percentage points in the June 2021 quarter, to reach 4.0
percent.
“The fall in unemployment is largely in
line with other labour market indicators, including
declining numbers of benefit recipients and increased job
vacancies, and recent media reports of labour shortages and
skills mismatches,” work, wealth, and wellbeing statistics
senior manager Sean Broughton said.
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