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26 Mar 2025 12:55
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      Home > News > Business

    Confidence in the labour market is shrinking

    Confidence in the labour market is shrinking


    The Westpac-McDermott Miller index shows employment confidence has reached its lowest level since mid-Covid - in September 2020.

    It fell in four of 11 regions - including the biggest jobs market - Auckland.

    Westpac senior economist, Michael Gordon, says businesses are advertising fewer jobs.

    He says some are just looking for more specialist roles and others are overstaffed after keeping workers through the downturn.

    © 2025 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? More...


     Today's News

    		 Motoring:
    Representatives for Liam Lawson are uncertain about reports of his demotion from Formula One team Red Bull Racing, an unprecedented two races into the season 12:37

     Entertainment:
    Selena Gomez and Benny Blanco "made so many amazing memories" while recording their new album 12:31

     Law and Order:
    A police negotiation team is engaging with a person inside Murupara's police station - in Whakatane District 12:27

     Soccer:
    Iran have qualified for their seventh football World Cup after securing a 2-all draw against Uzbekistan in Tehran 12:27

     Business:
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? 12:17

     Entertainment:
    Eva Longoria was the "ugly duckling" in her family during her younger years 12:01

     Politics:
    New Zealand and Papua New Guinea have re-affirmed nearly 50 years of diplomatic ties 11:57

     International:
    Bali's boat safety has been a long-standing issue. What can tourists do? 11:37

     Entertainment:
    Louise Redknapp doesn't "look for fame" 11:31

     National:
    Why the Tesla backlash could help electric cars finally go mainstream 11:17

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