Market Intelligence Reports

Global Market Report Q4 2021

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84 New Zealand Q4 2021 Total Labor Force (000s) 2,893 Employed Workers (000s) 2,795 Unemployed Workers (000s) 98 Unemployment Rate 3.4% 2,661 2,660 2,694 2,764 2,795 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 4.2% 4.2% 5.3% 4.7% 3.4% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 76% - First Vaccine Dose (December 2021) Covid Update Vaccine mandates implemented for health, education and emergency services workers. Vaccinations are also mandatory for workers at quarantine facilities and workers at ports and airports. 4% 28% 15% 0% 25% 50% 75% Employer Tax Profit Tax VAT New Zealand Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $4,314 $4,043 $14.11 $0 $5 $10 $15 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage New Zealand Regional Average Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics Hiring Demand Trend by Experience Level TalentNeuron Monthly Hourly In Q3, New Zealand year on year wage inflation was 2.5%. However, inflation rates were 4.9%. Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://www.bnm.gov.my/

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