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Youth Unemployment Rate Three Times National Average
The unemployment rate of young New Zealanders has decreased following initial COVID-19 impacts but is three times the national average, Stats NZ said today.
In the September 2021 quarter, the unemployment rate (not seasonally adjusted) for people aged 15–24 was 9.6 percent, compared with a national rate of 3.2 percent and a rate of 2.3 percent for people aged 25–64.
“Young people play a vital role in the labour force, but our data shows that they experience much higher unemployment rates than people aged 25-64 and the overall population,” labour market manager Andrew Neal said.
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