Employment confidence has bottomed-out
Employment confidence has bottomed-out
26 March 2025
The Westpac-McDermott Miller index shows it's slipped to a level not seen since the post-2020 Covid lockdowns.
It's fallen in four of 11 regions -- including Auckland -- which dominated the national average.
EMA Head of Advocacy, Alan McDonald says business is still doing it hard -- directly impacting the ability to hire and expand.
He says more than 60-percent of firms let staff go, within the last year.
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