New Zealand Participation Rate came in at 70.7%, above expectations (70.3%) in 2Q

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New Zealand’s Unemployment Rate climbs to 5.6% in Q2 vs. 5.4% expected

New Zealand’s Unemployment Rate rose to 5.6% in the second quarter (Q2) of 2026 from 5.3% in the first quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in above the market consensus of 5.4%.
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