New Zealand Participation Rate
| Low | 72.4% | 72.0% |
72.0%
|
|
| Last release | Importance | Actual | Forecast |
Previous
|
New Zealand Participation Rate reflects the rate of labor-force age people who are either employed or are actively seeking employment, in relation to the total labor force.
The indicator is used to measure the unemployment rate and labor market conditions. The indicator growth can have a positive effect on NZD quotes.
Last values:
actual data
forecast
The chart of the entire available history of the "New Zealand Participation Rate" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
