Every release since 2 Feb 2016: 44 on record, actual against forecast. Medium impact for the NZD. Updated within the hour of each release.
The last NZ Employment Change QoQ (Q3 2026, released 3 Nov 2026) came in at -0.1%, below the 0.4% forecast; the previous reading was 0.3%.
Since 2016, NZ Employment Change QoQ has come in above forecast 57% of the time and below 33% (42 releases with a forecast); over the last 12 it beat 25%.
The average miss against forecast over the last 24 releases was 0.38%: higher than expected is good for the NZD.
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 3 Nov 2026 16:45 | Q3 2026 | -0.1% | 0.4% | 0.3% | below |
| 4 Aug 2026 18:45 | Q2 2026 | 0.3% | 0.2% | 0.1% | above |
| 5 May 2026 18:45 | Q1 2026 | 0.1% | 0.3% | 0.4% | below |
| 3 Feb 2026 16:45 | Q4 2025 | 0.4% | 0.3% | 0.1% | above |
| 4 Nov 2025 16:45 | Q3 2025 | 0.1% | 0.1% | -0.2% | in line |
| 5 Aug 2025 18:45 | Q2 2025 | -0.2% | -0.1% | -0.1% | below |
| 6 May 2025 18:45 | Q1 2025 | -0.1% | 0.1% | -0.4% | below |
| 4 Feb 2025 16:45 | Q4 2024 | -0.4% | -0.2% | -0.6% | below |
| 5 Nov 2024 16:45 | Q3 2024 | -0.6% | -0.4% | 0.1% | below |
| 6 Aug 2024 18:45 | Q2 2024 | 0.1% | -0.2% | -0.4% | above |
| 30 Apr 2024 18:45 | Q1 2024 | -0.4% | 0.3% | 0.3% | below |
| 6 Feb 2024 16:45 | Q4 2023 | 0.3% | 0.3% | 0.1% | in line |
| 31 Oct 2023 17:45 | Q3 2023 | 0.1% | 0.4% | 1% | below |
| 1 Aug 2023 18:45 | Q2 2023 | 1% | 0.5% | 1.2% | above |
| 2 May 2023 18:45 | Q1 2023 | 1.2% | 0.4% | 0.5% | above |
| 31 Jan 2023 16:45 | Q4 2022 | 0.5% | 0.3% | 1.5% | above |
| 1 Nov 2022 17:45 | Q3 2022 | 1.5% | 0.5% | -0.3% | above |
| 2 Aug 2022 18:45 | Q2 2022 | -0.3% | 0.4% | -0.1% | below |
| 3 May 2022 18:45 | Q1 2022 | -0.1% | 0.1% | 0% | below |
| 1 Feb 2022 16:45 | Q4 2021 | 0% | 0.3% | 1.6% | below |
| 2 Nov 2021 17:45 | Q3 2021 | 1.6% | 0.4% | 0.9% | above |
| 3 Aug 2021 18:45 | Q2 2021 | 0.9% | 0.7% | 0.7% | above |
| 4 May 2021 18:45 | Q1 2021 | 0.7% | 0.2% | 0.5% | above |
| 2 Feb 2021 16:45 | Q4 2020 | 0.5% | 0% | -0.8% | above |
| 3 Nov 2020 16:45 | Q3 2020 | -0.8% | -0.8% | -0.4% | in line |
| 4 Aug 2020 18:45 | Q2 2020 | -0.4% | -2% | 1.1% | above |
| 5 May 2020 18:45 | Q1 2020 | 1.1% | -0.3% | 0.3% | above |
| 4 Feb 2020 16:45 | Q4 2019 | 0.3% | 0.3% | 0.4% | in line |
| 5 Nov 2019 16:45 | Q3 2019 | 0.4% | 0.3% | 0.6% | above |
| 5 Aug 2019 18:45 | Q2 2019 | 0.6% | 0.4% | -0.3% | above |
| 30 Apr 2019 18:45 | Q1 2019 | -0.3% | 0.5% | 0.1% | below |
| 6 Feb 2019 16:45 | Q4 2018 | 0.1% | 0.3% | 0.8% | below |
| 6 Nov 2018 16:45 | Q3 2018 | 0.8% | 0.5% | 0.7% | above |
| 31 Jul 2018 18:45 | Q2 2018 | 0.7% | 0.4% | 0.5% | above |
| 1 May 2018 18:45 | Q1 2018 | 0.5% | 0.4% | 0.6% | above |
| 6 Feb 2018 16:45 | Q4 2017 | 0.6% | 0.2% | 1.9% | above |
| 31 Oct 2017 17:45 | Q3 2017 | 1.9% | 0.8% | -0.1% | above |
| 1 Aug 2017 18:45 | Q2 2017 | -0.1% | 0.7% | 1.2% | below |
| 2 May 2017 18:45 | Q1 2017 | 1.2% | 0.8% | 2.6% | above |
| 31 Jan 2017 16:45 | Q4 2016 | 1% | – | 1% | – |
| 1 Nov 2016 17:45 | Q3 2016 | 1% | – | 2.6% | – |
| 16 Aug 2016 18:45 | Q2 2016 | 2.6% | 0.6% | 1.3% | above |
| 3 May 2016 18:45 | Q1 2016 | 1.3% | 0.7% | 1.3% | above |
| 2 Feb 2016 16:45 | Q4 2015 | 1.3% | 0.8% | -0.4% | above |
The last NZ Employment Change QoQ (Q3 2026, released 3 Nov 2026) came in at -0.1%, below the 0.4% forecast; the previous reading was 0.3%.
NZ Employment Change QoQ is released quarterly by Stats NZ. CRTLAB has 44 releases on record since 2 Feb 2016.
Since 2016, NZ Employment Change QoQ has come in above forecast 57% of the time and below 33% (42 releases with a forecast); over the last 12 it beat 25%.
The highest was 2.6% (Q2 2016) and the lowest -0.8% (Q3 2020). The five-year average is 0.17%.
Usually yes: a reading above forecast is the good surprise for the NZD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the NZD against its forecast, red one that was bad.
In New Zealand, Employment Change measures the quarter-on-quarter change in the number of employed people.